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A substantial increase of 50%, into a single loan - $ 0.7 million per household maximum loan 1.4 million. In this regard, Shanghai Provident Fund Management Center said it is stepping up efforts to further strengthen fund management, improve capital efficiency of specific programs, while timely advance policy ground, the first time to the public policy adjustments. Adjust the amount of fund in the string Shanghai Provident Fund Management Center official website announced yesterday, the Shanghai Provident Fund Management Center to implement the spirit of live teleconference construction department, we will accelerate the development of the city to improve the efficiency in the use of housing provident fund specific programs. In this regard, the industry is widely expected future credit personal loans or fund loans will increase. Announcements, since last year, the Ministry of Housing and Urban-Rural Development issued a plurality of successive policy documents, called on all localities to effectively improve the efficiency in the use of housing provident fund of funds. Recently, the Department of Housing and held a teleconference, the Minister of the Ministry of Housing, Chen Gao stressed that all localities to use easy to adequate housing fund. City fund management center will be stepping up efforts to further strengthen fund management, improve capital efficiency of specific programs, while timely advance policy ground, the first time to the public policy adjustments. The current standard is difficult to meet the demand for the purchase of provident fund loans policy Shanghai currently in place for the individual maximum loan 400,000 yuan (If supplemental funds, the same below), the family maximum loan 800,000 yuan. The policy since 2007 Sept. 1 started, but before the loan amount in this embodiment for individuals up to 30 million, up to 50 million households. Blissful chain of home monitoring market research data show that: In 2007, the average transaction price of commercial housing in Shanghai was 10,556 yuan / square meter, each listing the average total turnover of 133 million, after seven years, rising house up to 2014, the city's commercial housing transaction sets are the total price reached 324 yuan / sets, compared to 2007 increased by about 1.44 times. Chain of home research director Lu riding Lin said that after seven years of development, the sharp rise in prices, the original line of credit standards can not meet the current needs of buyers, can not play a role in safeguarding the true sense, therefore raising the loan amount is very necessary, so as to further reduce the buyers purchase costs