Frenzied Measures to Curb Speculation Fail to Slow Rising House Prices in Taoyuan and Hsinchu

Reported 8 months ago

Despite multiple government measures to curb speculation, including five rounds of selective credit control by the central bank, the overall ratio of real estate loans to total lending in banks continues to rise, leading to ongoing house price increases, with Taoyuan and Hsinchu showing the largest spikes among the six major cities. Experts suggest that the simultaneous implementation of various anti-speculation policies is actually contributing to higher house prices, emphasizing the need for long-term planning to effectively control the housing market.

Source: YAHOO

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