住房分配货币化进程 capitalization process of housing distribution/allocation 住房零首付 zero-yuan first payment （for apartments） 主辅分离，辅业改制 seperate secondary lines of business from core business, turn secondary lines into...
Banksandfinancingcompaniesbegan tooffersubprimemortgageloans and induced low incomefamiliestopurchasehousesby waiving principal payments for the first few years.