{"id":53035,"date":"2023-03-01T21:59:28","date_gmt":"2023-03-01T12:59:28","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2023\/mar\/01\/china-banks-relay-loans-housing-market-flexible-borrowing"},"modified":"2023-03-01T21:59:28","modified_gmt":"2023-03-01T12:59:28","slug":"chinese-banks-try-to-revive-housing-market-with-mortgages-for-95-year-olds","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=53035","title":{"rendered":"Chinese banks try to revive housing market with mortgages for 95-year-olds"},"content":{"rendered":"<p>\u2018Relay loans\u2019 that can pass on to children follow other moves to make borrowing more flexible<\/p>\n<p>In an attempt to stimulate China\u2019s flagging housing market, banks in some cities are extending the upper age limit on mortgages to between 80 and 95.<\/p>\n<p>Although not a national policy, banks in Beijing, Hangzhou and other big cities have started offering \u201crelay loans\u201d to elderly customers, which pass on to their children in the event that they cannot repay.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2023\/mar\/01\/china-banks-relay-loans-housing-market-flexible-borrowing\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018Relay loans\u2019 that can pass on to children follow other moves to make borrowing more flexibleIn an attempt to stimulate China\u2019s flagging housing market, banks in some cities are extending the upper age limit on mortgages to between 80 and 95.Although n&#8230;<\/p>\n","protected":false},"author":3612,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,6,50,2347,1222,1219,42],"tags":[],"class_list":["post-53035","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-business","category-china","category-housing-market","category-older-people","category-real-estate","category-world-news"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/53035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/3612"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53035"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/53035\/revisions"}],"predecessor-version":[{"id":53036,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/53035\/revisions\/53036"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}