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<CN Home>Nanjing Further Encourages Housing Consumption With 'Trade-in' Subsidy Totaling RMB100M
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In order to stabilize its real estate market, Nanjing has proposed new policy measures in terms of six areas: differentiated housing supply, encouraging housing consumption, promoting housing voucher policies, reducing home purchase costs, optimizing the business environment, and creating a favorable public opinion environment. Regarding housing consumption, Nanjing aims to further uplift home "trade-ins" by supporting intermediary agencies in continuing their "help sell" services and encouraging various entities to engage in market-based "trade-ins". Specifically, homebuyers who complete "trade-ins" from today until the end of this year will receive a 1% interest subsidy on the total loan amount. The total subsidy fund for the city is capped at RMB100 million, available on a first-come, first-served basis. AAStocks Financial News |
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