Jiangsu Taizhou: Encourage state-owned enterprises and real estate development enterprises to launch shared property housing targeted at youth, new residents, and other groups for sale.

The "Notice on Implementing Several Measures to Stabilize the Real Estate Market" jointly issued by the Housing and Urban-Rural Development Bureau and the Finance Bureau of Taizhou City will officially be implemented starting from the 17th. Among them, it is proposed to increase support for the "young and new group" in purchasing houses, implement interest subsidies for "youth talents", and provide a 2% financial interest subsidy per year for young talents who use housing provident funds and commercial loans to purchase their first newly-built commercial housing in the urban area for a period of 2 years. At the same time, it supports the pilot of shared ownership of commercial housing, encourages state-owned enterprises and real estate development enterprises to introduce shared ownership commercial housing for sale to young people, new citizens, and other groups.