Mortgage interest financial interest discounts are called “state subsidies” for mortgage interest by some ordinary people. Starting today, this welfare policy has officially started. A number of finance and taxation experts said that the implementation of the “state subsidy” policy for mortgage interest can reduce the cost of housing for middle- and low-income groups, help more people live and live, reflecting more financial “investing in people,” which is conducive to supporting rational demand for real estate purchases, promoting the stability of the property market, and promoting consumption. The “state subsidy” policy for mortgage interest is only one of the fiscal incremental policies introduced by the country in the fourth quarter, and another fiscal incremental policy is also being prepared to be introduced. The executive meeting of the State Council held on September 28 called for “making good use of local government debt balance limits” when deploying a number of pragmatic and practical incremental policies. A number of finance and taxation experts told First Finance that in the fourth quarter of this year, local governments could use debt stock limits, issue additional local government bonds, raise funds for project construction, etc., thereby promoting steady economic growth.

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