What is the intention of relaxing mortgage to 80 years old in Nanning and other places?

In view of the fact that the age limit for mortgage loans in Nanning and other places is extended to 80 years, Chen Xiao, a senior analyst at Little Tiger Housing Data Research Center, said that the policy means that the age of the lender and the loan period are extended to 80 years, which means that buyers can also apply for mortgage loans at the age of 50 according to the maximum period of 30 years. The age limit for loans was relaxed, which benefited middle-aged and elderly buyers and released some demand for home purchase. At the same time, parents can also have the opportunity to buy a house with their children to bear the pressure of repaying loans, which indirectly reduces the pressure on some young people to buy a house.

Regarding the background of this policy, Huya believes that, first, with the aging of the population and the extension of life expectancy, the phenomenon of middle-aged and elderly people buying houses is increasing, and the demand for improvement has accelerated in recent years, and middle-aged and elderly people are also the main force; Second, the recent delayed retirement policy has been focused on. In this way, older groups can also have stable jobs and income security and stable repayment ability, which is also one of the important considerations of banks.

According to Yan Yuejin, research director of Yiju Real Estate Research Institute, "extending the mortgage period" is a policy tool in the field of mortgage, which is essentially to increase the loan period of some buyers, thus increasing the loan amount and reducing the pressure on monthly supply. The most direct impact of "extending the mortgage age" is that middle-aged people aged 40-59 can borrow in full, especially for 30 years. It has a positive effect on releasing the just-needed and improved housing demand.