Home » Business » Reduction in Interest Rates on Existing First-Home Loans Benefits the People: A Step Towards Better Housing Security

Reduction in Interest Rates on Existing First-Home Loans Benefits the People: A Step Towards Better Housing Security

The expressions of the masses are the “barometer” of policy. The People’s Bank of China and the State Financial Supervision and Administration Bureau issued a notice that starting from September 25, banks will begin to lower the interest rates on commercial personal housing loans for existing first-home homes. An act and policy that benefited the people immediately attracted many netizens to watch and expressed their gratitude to the national policy for reducing the pressure of loan repayment. It can be seen that the existing first-home mortgage interest rates have been reduced, benefiting the people in the form of real money, and giving the people a full sense of happiness.

Things that benefit the people will flourish. The housing issue is the foundation of people’s livelihood and a major plan for people’s livelihood. It is related to thousands of households living and working in peace and contentment, and to the long-term stability of the country. From the introduction of “recognizing a house but not a loan” in various places, to Xiong’an taking the lead in implementing “existing home transactions”, and then to “reducing the interest rate of existing first-home loans”, starting from the voice of the masses and starting from the things that the masses have responded strongly to, each concession has been beneficial to the people. Good facts that benefit the people and benefit the people’s livelihood will fall to the last meter in terms of housing security, enter the hearts of the people, and land in the hearts of the residents. They will definitely make the people feel the “sesame seeds blooming steadily” of a better life, and will definitely improve the quality of life. Housing quality and living standards of the masses.

The word “first” safeguards the bottom line of housing security and the principle of “a place for every resident”. In fact, there are a small number of speculators and hoarders who interfere with the real estate market, causing inflated housing prices in some cases and seriously affecting rigid demand and basic demands for improved housing. Judging from the policies that have been implemented, the reduction in the existing first-home loan interest rate will seize the “first home”, and the “recognize the house but not the loan” will also seize the “first home”. This is exactly the policy that firmly blocks speculators and real estate speculators. Dividends are “outside the door” to ensure that the concept and value of “houses for living, not for speculation” are established and hardened.

From the introduction of the housing loan policy, we can see that serving the people and doing things for the people does not necessarily have to be a “big deal”. As long as you have the masses in mind and serve the people wholeheartedly, you can find the entry point to solve problems and do practical things, and improve the situation through small cuts. A great experience of mass happiness. As the saying goes, the details are greater than the details, and the pictures are difficult and easy. The reduction in the existing first-home loan interest rate is a huge number at the national macro level, involving comprehensive social issues in the property market industry and economic market; specifically for the masses, it means that they can save hundreds or even thousands of yuan a month in costs, allowing the masses to get Benefits and benefits are the microscopic reflection and original intention of “I do practical things for the masses”.

It’s easy if you do it, but it’s difficult if you don’t do it. In the past, a small number of people held pessimistic views about China’s property market, and even a few people had insufficient expectations for a housing price “bubble.” There were also a very few local governments that lacked confidence in stabilizing the housing market. The real estate market industry is intricate and closely related to the immediate interests of the residents. Let the real estate market become a concrete site for practicing serving the people, take practical actions to enhance the real well-being of the people, and convey that the value of serving the people lies in “doing what you say and doing it right away.” The service signal of “just do it” has also inspired the majority of party members and cadres, especially leading cadres, not to avoid, not to shirk responsibility, not to be perfunctory, but to do a good job in investigation and research, in-depth analysis of the reasons, and to stand firmly on the masses’ stand, so that they can find “solutions to solve problems and benefit the masses.” “Golden Key”, you can feel the value and significance of serving the people and fulfilling the mission from the smiles of the people.

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2023-09-27 21:27:38
#reduction #existing #firsthome #loan #interest #rates #spurred #increase #peoples #livelihood #happiness #index

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