Hsinchu's High Demand Drives Up Property Prices! City Government Encourages Senior Citizen Relocation

Reported about 1 year ago

As a tech powerhouse, Taiwan sees an increasing demand for jobs in Hsinchu Science Park, leading to a surge in housing needs and property prices. The high prices make it difficult for many young people to afford, prompting the Hsinchu City Government to continue supporting central government initiatives like the lease-to-own program to assist young people in obtaining affordable housing. They are also encouraging senior citizens to relocate across counties. However, implementing these initiatives faces various challenges, as observed by the real estate market and property agents.

Source: YAHOO

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