Adjusting Luxury Home Threshold Could Lead Taiwan into 'Small Housing' Trend

Reported 11 months ago

Recently, despite various government policies to cool down the housing market, the demand for properties remains high with people queuing overnight to purchase homes. The Central Bank of Taiwan is expected to introduce new control measures during its board meeting on June 13, possibly leading to a 'small housing' phenomenon as large-sized properties are marginalized, flooding the market with low-priced, small-sized properties. Potential actions may include tightening lending restrictions to curb speculation and even raising interest rates.

Source: YAHOO

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