Securities Daily: Many places optimize policies to effectively reduce the cost of home purchase for residents.

In order to reduce the cost of purchasing homes for residents and promote the stable and healthy development of the real estate market, many places have recently introduced policies to support home purchases, including providing subsidies for home purchases and optimizing housing provident fund policies. According to incomplete statistics from the China Index Research Institute, more than 470 policies optimizing the real estate market have been released by various regions since the beginning of this year, with over 250 of them related to housing provident funds. The housing provident fund policies introduced by various regions mainly involve increasing loan amounts, expanding the scope of provident fund withdrawals and use, and optimizing deposit for out-of-town and flexible workers. The person in charge of the China Index Research Institute predicts that more cities will accelerate the optimization of housing provident fund policies in the future, explore more directions, better play the role of housing provident funds in providing security, and help stabilize the real estate market while improving the efficiency of housing provident fund usage.