China Banks to Refuse Loans for 3rd Homes
By wchung | 04 May, 2026

Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation, reported China.org.cn, citing the State Council, or the Cabinet, on Saturday. This is part of the government’s effort to prevent a real-estate bubble.

Banks can also refuse loans to those failing to prove that they had paid taxes and social security taxes for at least one year in the cities where they intended to buy homes.

The national government also urged local governments to introduce all necessary measures to restrict the number of homes that may be bought within a specified period.