1, housing demand is insufficient.
The cancellation of mortgage will lead to a substantial increase in the cost of buying a house, making the demand for buying a house seriously insufficient. At present, many families rely on loans to buy houses, and the cancellation of mortgages will make them need to pay all the purchase price at one time, which is an unbearable burden for most families. The decline in housing demand will have a negative impact on the real estate market, and then restrict economic development.
2. Affect the operational efficiency of banks.
Cancellation of mortgage will have a negative impact on the operational efficiency of banks. Mortgage is one of the important businesses of banks, and the cancellation of mortgage will lead to a significant reduction in the bank's loan business income, which will further affect the bank's profitability. The steady operation of banks is very important to economic development, so the cancellation of mortgage loans may have a negative impact on the financial system.
3, leading to paralysis of related industries.
The cancellation of mortgage will also lead to paralysis of real estate-related industries. The real estate industry is an important pillar of China's economy, and related industries such as decoration, furniture and intermediary have also made important contributions to economic development. If the mortgage is cancelled, the demand for buying houses will drop sharply, which will lead to the stagnation of real estate-related industries and the unemployment of a large number of workers, which will have an impact on local finance.
The value embodiment of mortgage loan policy;
1. Promote economic growth: the real estate industry is one of the important pillars of the national economy. The implementation of mortgage policy can stimulate the activity of real estate market, promote the development of related industries and promote economic growth.
2. Promote the urbanization process: The implementation of the mortgage policy can promote the urbanization process and promote the population to gather in cities. By providing housing loans, residents can buy houses in cities more easily, improve the stability and quality of life of urban population, and promote the development and improvement of cities.
3. Promote social stability: The implementation of mortgage policy can meet people's demand for housing and improve residents' quality of life and happiness. Stable housing conditions can enhance social stability, reduce social contradictions and inequalities, and promote harmonious social development.