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Xing Ziqiang, China's chief economist at Morgan Stanley, said that “fiscal discount mortgages” should improve the gap between rent returns and mortgage costs in some major cities and drive a recovery in market expectations. Two things are critical; broad scope and intensity. In order to prevent excessive speculators from benefiting, the system can be optimized. Interest discounts are strong for households with only one house, slightly less for households with two suites, and no interest rates for homeowners with more than one unit.

Zhitongcaijing·12/19/2025 03:57:05
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Xing Ziqiang, China's chief economist at Morgan Stanley, said that “fiscal discount mortgages” should improve the gap between rent returns and mortgage costs in some major cities and drive a recovery in market expectations. Two things are critical; broad scope and intensity. In order to prevent excessive speculators from benefiting, the system can be optimized. Interest discounts are strong for households with only one house, slightly less for households with two suites, and no interest rates for homeowners with more than one unit.