Reported 7 months ago
The Central Bank of Taiwan announced its sixth round of housing market regulations, reducing the second housing loan limit for natural persons in specific areas to 60% and increasing the reserve requirement ratio. These measures aim to curb property speculation. The decision, effective immediately, also includes a one-point increase in the reserve requirement ratio. The bank's governor, Yang Chin-long, emphasized the high percentage of real estate loans in total lending and suggested that the measures would lead to a rise in market interest rates and help constrain inflation expectations.
Source: YAHOO