Ministry of Finance: New Qing An Implementation for 10 Months, 73% of Borrowers Are Under 40 Years Old

Reported 9 months ago

The Ministry of Finance revealed statistics on the implementation of the New Qing An housing loans for the past ten months, showing that the majority of borrowers are young adults under the age of 40, accounting for about 73% of the total. Most loans were for properties with low total prices and small floor areas, with a longer grace period and loan term. With a total of 57,980 approved loans amounting to over 428.1 billion NT dollars, this initiative aims to alleviate financial pressures by extending loan terms, especially for small affordable homes tailored for young families.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis