Expanding Investigation on New Qing-An Policy Violations among Old Residents to Alleviate Market Supply Issues

Reported about 1 year ago

Reporter Zhu Mannin/Taipei reported on June 17, 2024, that there are discussions in state-owned banks to require new Qing-An policy mortgage holders to sign a declaration form and investigate whether old residents have violated regulations. Experts suggest that by expanding the investigation and implementing it effectively, many non-self-occupying units can be identified, which may allow some leveraged investment clients to release a few properties at maximum leverage, thus alleviating market supply issues. The impact of tracing non-self-occupying units would particularly affect underground landlords who speculate on the New Qing-An policy, potentially increasing holding costs in the future.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis