Reported 7 months ago
On June 13, 2024, at 7:41 am, TVBS News website reported that the central bank surprised many by maintaining interest rates but taking a strong stance on the housing market. Starting on July 1, the reserve requirement ratio will be raised by 1%. Additionally, second home loans in six cities and Hsinchu County and City will be limited to 60% starting on June 14. This move is expected to have a significant impact on real estate developers and potential buyers, with concerns about a sharp decline in housing demand and the need for higher down payments for those planning to purchase a second home.
Source: YAHOO