Reported 8 months ago
With interest rate hikes and rising housing prices, landlords are under pressure. In May, the rental index in southern Taiwan surged to 2.53% in annual growth rate, setting an 11-year record high. In Kaohsiung, there are two cases where rents soared by as much as 4,000 yuan in one go, both in the Gushan district. This trend reflects various factors like increasing holding costs due to rising electricity and consumer prices, booming property markets in the south, and high demand for rentals, especially in tech hubs like Kaohsiung and Tainan.
Source: YAHOO