"How is the effect of "recognizing house but not loan"? The Ministry o

Published: Sep 9, 2023 10:42

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"How is the effect of "recognizing house but not loan"? The Ministry of Housing and Urban-Rural Development: The market response is positive. According to incomplete statistics, at least 24 cities have fully implemented the policy of "recognizing house but not loan" in the past 10 days. So, what changes have taken place in the market after the policy was implemented? Pu Zhan, deputy director of the Policy Research Center of the Ministry of Housing and Urban-Rural Development, said that after the policy was issued, we were also closely observing. We believe that the overall response of the market is still positive. Some market institutions have also conducted surveys. The survey shows that from the overall national level, the willingness to buy a house can increase by about 15 percentage points, and the increase in first-tier cities may be higher. In terms of the actual implementation of the policy, we feel that there are obvious signs of positive entry into the market for those who have both basic and improvement needs. Some market research shows that there is a significant increase in both the number of people waiting to buy and the number of transactions. (CCTV News)"

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