中国近20城房贷“商转公”落地 政策“组合拳”巩固楼市稳定态势

Core Viewpoint - The "commercial to public" (商转公) policy has been reinitiated in 2023, becoming a significant factor in boosting the real estate market, with nearly 20 cities optimizing this policy to stabilize the housing market by mid-2025 [1] Group 1: Policy Implementation - Cities like Guangzhou and Hainan have recently introduced "商转公" policies, allowing individuals with commercial loans to convert them into public housing loans, thereby reducing interest burdens [2][3] - The policy aims to lower monthly mortgage costs by switching from commercial bank loans to lower-interest public housing loans, which can save borrowers a considerable amount in interest payments [2] - Over 30 cities nationwide have implemented "商转公," indicating a stronger policy push to reduce housing loan costs [2] Group 2: Market Response - Various cities have introduced a combination of policies to stabilize the real estate market, including optimizing purchase restrictions and increasing housing subsidies [4] - Wuhan's "汉九条" policy has led to a significant increase in housing transactions, with a 64.8% month-on-month growth in sales area and a 57.6% year-on-year increase in new housing transactions [4] - The overall real estate market is showing signs of stability, with both new and second-hand housing transactions increasing, and second-hand transactions surpassing new ones in several provinces [5] Group 3: Future Directions - Authorities emphasize the need for tailored policies to enhance the effectiveness of real estate regulations, focusing on building safe, comfortable, and sustainable housing to meet public expectations [6]