[teaserteam]

It is a good thing they cut mortgage rates but this applies only to unsold properties and for 1st time and 2nd home owners. They tried to cut mortgage rates 4 existing home owner last yr but failed as banks r dragging their feet. The problem is only half solved.

https://www.caixinglobal.com/2023-08-09/...91565.html

sell into the strength.  治标不治本。  They need to destroy the debts.