Gansu Earthquake Causes Social Concern: How to Deal with Housing Loans After the Disaster?
The 6.2-magnitude earthquake that occurred at 23:59 on December 18, 2023 in Jishishan County, Linxia Prefecture, Gansu Province, became a natural disaster that attracted widespread attention in China. The earthquake killed 18 people in Haidong City and other places, injured 198 people, and lost contact with 16 people. By 5:30 a.m. on December 20, the death toll in Gansu Province had reached 113 and the number of injured reached 536. The state immediately launched a second-level emergency response to the earthquake and launched an orderly rescue and rescue work.
The damage has worsened, and the infrastructure in and around the epicenter has been severely damaged. Faced with varying degrees of damage to infrastructure such as houses, electricity and roads, people are beginning to think about the properties and loans they have worked so hard for all their lives, but in the face of the power of nature, these once dreams seem to be insignificant. Nowadays, many people use bank loans to buy houses, but how to deal with the remaining mortgages after a disaster has become a concern.
The questions about mortgages stem mainly from a lack of understanding of how they work. Most people think of a mortgage as a contractual relationship between the buyer and the developer, but in reality, it is a debt relationship between the buyer and the bank. Even if your home is damaged by a natural disaster, the loan still needs to be repaid. Repayment varies depending on the situation: the house disappears but the borrower survives, the house exists but the borrower dies, or both the house and the borrower are lost.
In the midst of this natural disaster, there are doubts about whether the people in the affected areas need to continue to repay the loans. However, despite the ruthlessness of the law, the state and the public have provided various supports to the disaster area, including a moratorium on collections, penalty interest, and bad records. This has given the people in the affected areas some respite in difficult times. What are your thoughts on this? Please leave your comments and share your views.
On social media and online platforms, netizens expressed their opinions on the mortgage issue in this disaster. Some believe that at such a special moment, a more lenient policy on loans to people in the disaster areas should be considered to ease their burden. There have been calls for banks to provide more support in terms of repayment, rather than increasing the financial burden on people in the affected areas.
From a legal and policy perspective, netizens are also concerned about whether the state will introduce more specific regulations to regulate the handling of post-disaster loans. In past natural disasters, the government has introduced temporary policies to support affected residents, raising expectations that there will be a similar response this time. At the same time, some netizens believe that the handling of post-disaster loans should be more humane, not only relying on the formulation of laws and regulations, but also requiring the joint efforts of all parties, including banks, governments and the support of all sectors of society.
It is worth noting that many forces have also emerged in society to support the disaster area. Businesses and non-profit organizations have reached out to provide material and economic support to the affected people. This transmission of positive energy gives people confidence in the future, believing that the residents of the disaster area can get through the difficulties together and usher in a new life.
At this critical juncture, the appeal and support of all parties have become a resonance in society. Whether it is the government's policy support or the donation actions of all sectors of society, it demonstrates the power of unity. Netizens have called on everyone to work together to provide more support and care for the people in the disaster area.
Despite the enormous pressure of the disaster, the concern and support of the community has given people confidence in the future of the affected areas. In this natural disaster, it is not only laws and policies, but also the power of society that supports the people in the disaster area. Let us look forward to the early resumption of normal life for the people in the affected areas and a better future.
In order to keep it concise, the above content is a summary of the views of netizens, and in practice, more discussions can be carried out according to the specific situation.