The article points out that in the upcoming work to stabilize and consolidate the recovery of the real estate market, there is still significant potential in both existing and new policies, especially that financial policies and instruments must innovate and adjust in response to the current situation. On one hand, Financial Institutions need to perceive the trends and control the timing and pace of new policy introductions on the consumer side, such as further reducing the reserve requirement ratio and interest rates, and responding to public calls for a moderate reduction in housing mortgage loan and provident fund loan interest rates. On the other hand, it is important to innovate tools in accordance with the situation to increase the stockpiling of existing Commodity housing. Additionally, it is necessary to ensure the timely implementation of credit funding approval from the "white list" of Real Estate after approval. In addressing corporate relief, local governments also need to act positively and proactively, for example, provincial governments have the responsibility to help leading private enterprises in the province reduce their debt burdens and may consider equity participation when necessary.
中国房地产报社评:金融要深入发挥稳楼市的“活水”作用
The China Real Estate Journal commented: Finance should deeply play the role of "fresh water" to stabilize the real estate market.
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