Recently, housing provident fund policies have been optimized and adjusted in many places to better support the release of demand for rigid and improved housing and reduce the financial pressure on residents to buy homes and repay loans. Li Yujia, chief researcher at the Guangdong Housing Policy Research Center, said that overall, all regions are giving full play to the role of housing provident funds to reduce the cost and threshold of housing consumption for new citizens and young people. In particular, some depository workers have high pressure on monthly mortgage payments. The Housing Provident Fund Center collaborates with commercial banks to launch businesses such as “commercial to public” and “commercial portfolio loans” in real time, which can reduce the monthly mortgage payment burden on depositary workers, thereby reducing the impact of monthly mortgage payments on other daily living expenses.

Recently, housing provident fund policies have been optimized and adjusted in many places to better support the release of demand for rigid and improved housing and reduce the financial pressure on residents to buy homes and repay loans. Li Yujia, chief researcher at the Guangdong Housing Policy Research Center, said that overall, all regions are giving full play to the role of housing provident funds to reduce the cost and threshold of housing consumption for new citizens and young people. In particular, some depository workers have high pressure on monthly mortgage payments. The Housing Provident Fund Center collaborates with commercial banks to launch businesses such as “commercial to public” and “commercial portfolio loans” in real time, which can reduce the monthly mortgage payment burden on depositary workers, thereby reducing the impact of monthly mortgage payments on other daily living expenses.