By Liao Yingmin　

Date: 2003/10/14

Abstract：

At present, the unitary mortgage means for obtaining personal housing loans will not only accumulate more and more potential risks for the banking sector, but also impede people with low and medium income from realizing their cherished desires of buying houses due to the high threshold for getting loans. It is suggested that the appropriate experiences of those countries with developed market economy be referred to, the resources of China's housing secured loan industry rearranged and a housing secured loan system be built with the combination of policy security institutions and commercial security institutions. By so doing, the financial risks for banking sector could be diversified, the threshold for obtaining housing loans lowered and the effective demand for housing promoted.