How Can Low-Income Earners Buy Houses? Average Monthly Income of 46,000 Yuan with a Mortgage of 41,000 Yuan

Reported 10 months ago

Taiwan Television News Network reported on June 18, 2024, that with the soaring housing prices in Taiwan in recent years, the burden of mortgages is increasing for many. According to real estate statistics, the average appraisal value of housing loans in Taiwan reached a record high of 13.55 million yuan in the first quarter of this year. With an average monthly mortgage of 41,000 yuan for a 30-year period, the pressure is significant considering that the average regular salary for all employees from January to April this year was around 46,000 yuan. This poses challenges for low-income earners wanting to buy a house.

Source: YAHOO

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