There is also a dark cloud over the mortgage market following a judgment by the Supreme People’s Court in 2003 that banned the repossession of homes that are a primary residence. A recent revision of that decision permits banks to repossess homes, but only if they help arrange alternative lower-cost housing – an administrative nightmare for lenders, particularly if a lot of people start defaulting at the same time.
最高人民法院2003年颁布的一项禁止收回作为住宅的房子的判决也像乌云一样压在抵押市场的头顶。最近对于此项规定的修改允许银行收回房子，但是它们必须协助安排贷款者住进价格便宜一些的替代住房。对于放贷者来说要将此付诸实施简直是一个行政性噩梦，尤其是如果有很多人同时开始违约的话。