Reported 7 months ago
The new youth housing program introduced last year has provided hope for young people to buy homes, with a surge in pre-sale home purchases in Kaohsiung. However, it has been questioned whether the policy is fueling speculation in the housing market. Minister of the Interior Liu Shih-fang refuted these claims, stating that the policy has instead already shown some temporary benefits and that additional interest subsidies should not be added if the central bank raises interest rates in the future to curb the housing market. The policy has encouraged many young people in the Taipei-New Taipei area to consider buying homes, but concerns remain about potential effects on housing prices and market speculation.
Source: YAHOO