又有一线城市落地“商转公” 广州称最快一月内办结

Core Viewpoint - The implementation of the "Commercial to Public" (商转公) policy in Guangzhou aims to lower the cost of commercial bank loans and enhance the quality of life for families by reducing mortgage pressure, while also stimulating domestic consumption and economic circulation [1][2]. Group 1: Policy Implementation - The Guangzhou Housing Provident Fund Management Center has officially implemented the "Commercial to Public" policy, allowing eligible individuals to convert their commercial housing loans to provident fund loans [1]. - Eligibility criteria include having contributed to the housing fund for at least 60 months, not having used housing fund loans, owning a single property in Guangzhou, and having paid commercial bank loans for over three years [1]. - The loan amount is determined based on 70% of the lower value between the purchase price and the appraisal price, with a maximum loan term of 30 years [1]. Group 2: Market Impact - The policy has received positive feedback from the market and is seen as a significant highlight in the current real estate policies of first-tier cities [2]. - The policy is expected to reduce the monthly payment burden on families, thereby improving their economic situation and quality of life [2]. - Since the beginning of 2023, nearly 20 cities have supported or optimized the "Commercial to Public" policy, with most being second and third-tier cities [2]. Group 3: Economic Implications - The policy is designed to lower the cost of commercial bank loans, which can reduce the risk of existing loans for banks [2]. - By decreasing mortgage costs, the policy is anticipated to release social consumption potential, allowing buyers to allocate saved funds to other consumption areas, thus stimulating domestic demand and promoting economic growth [2].