Central Bank Tightens Housing Loan Restrictions in Hsinchu, Netizens Recommend Alternative Cities for Investment

Reported 8 months ago

The Central Bank announced stricter housing loan regulations, particularly reducing the second home loan-to-value ratio in 6 municipalities and Hsinchu County and City from 7% to 6%. This regulation caught many off guard, with potential Hsinchu homebuyers needing to prepare an additional 2 to 5 million NTD. As a result, netizens suggest considering alternative cities like Miaoli and Chiayi for property investment, predicting a possible surge in property prices across various regions. Some believe the policy aims at balancing urban and rural development.

Source: YAHOO

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