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<CN Home>Guangzhou Proposes to Optimize Property Policies by Fully Lifting Purchase, Sale & Price Restrictions and Cutting Down Payment Ratios & Loan Interest Rates
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Guangzhou has released a plan for a special action to boost consumption (draft for public feedback), which will involve gradually reducing consumption restrictions, optimizing real estate policies, fully lifting restrictions on home purchases, sales, and prices, as well as lowering the down payment ratio and loan interest rates. In addition, the plan proposes using special loans to purchase existing commercial housing as resettlement homes, while continuing to improve the use of the housing provident fund to support contributors in applying for individual housing provident fund loans when withdrawing the fund to pay for home down payments. AAStocks Financial News |
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