Many local governments have not only adjusted their provident fund policies, but also lowered the interest rate of commercial loans. Some even directly liberalized the restrictions on purchases and sales, encouraging citizens to buy houses locally. Some local governments have introduced some housing subsidies to encourage farmers to buy houses in cities and enjoy the same welfare policies as people in cities, so as to digest the inventory of the property market as soon as possible and maintain the orderly development of the real estate market. After all, many local governments rely on land policies. Once there is a big problem in the property market, the government's tax revenue will be reduced a lot, thus forming a.
Adjusting the provident fund policy is good news for the property market and can also boost everyone's confidence in the property market. Due to the broken capital chain of many developers, there are unfinished buildings everywhere. Many citizens pay the down payment and repay the loan on time every month, but they can't get their own houses, which has also caused many negative effects. Only by properly liberalizing the provident fund policy can we better promote the development of the property market and play an active role.
In the past, the use of provident fund was strictly restricted, but now the government has gradually loosened the provident fund and the property market is slowly picking up. I think this policy can still stabilize the property market at present. After all, these provident funds can be more fully utilized, and many citizens can use this money to buy a house, which can better digest the inventory of the property market. With the economic recovery, the current real estate market is also gradually warming up, but it will never be as hot as before.