On October 14, the Information Office of Tai'an Municipal Government of Shandong Province held a press conference. At the meeting, the Tai'an Housing Provident Fund Center introduced three implementation measures to stop the decline and stabilize the city's real estate market: one is to lift the housing provident fund loan area limit; the second is to support residents to withdraw their housing provident fund account balance to pay the down payment for the purchase of a home; and third, to increase the amount of housing provident fund loans by 20% for the purchase of high-quality homes. According to the interpretation of the Tai'an Housing Provident Fund Center, the policy to lift the housing provident fund loan area limit is specifically to lift the limit of 144 square meters of housing units to apply for housing provident fund loans, so that more families can have the opportunity to buy larger houses. In particular, it will be a major benefit for families with many children. This adjustment to the Provident Fund policy will help more Provident Fund depositors achieve their wishes from “having a home to live in” to “living in a good house.”

On October 14, the Information Office of Tai'an Municipal Government of Shandong Province held a press conference. At the meeting, the Tai'an Housing Provident Fund Center introduced three implementation measures to stop the decline and stabilize the city's real estate market: one is to lift the housing provident fund loan area limit; the second is to support residents to withdraw their housing provident fund account balance to pay the down payment for the purchase of a home; and third, to increase the amount of housing provident fund loans by 20% for the purchase of high-quality homes. According to the interpretation of the Tai'an Housing Provident Fund Center, the policy to lift the housing provident fund loan area limit is specifically to lift the limit of 144 square meters of housing units to apply for housing provident fund loans, so that more families can have the opportunity to buy larger houses. In particular, it will be a major benefit for families with many children. This adjustment to the Provident Fund policy will help more Provident Fund depositors achieve their wishes from “having a home to live in” to “living in a good house.”