New Anshin Loan Becomes a 'Property Speculation Tool'? 'Behind the News' Reveals the Main Cause of Real Estate Chaos

Reported 12 months ago

On June 29, 2024, at 10:42 pm, TVBS News aired a podcast 'Behind the News' inviting property expert Zhang Xulan to discuss the chaos of the New Anshin housing loans. Introduced in 2023 to alleviate the burden on young people, the New Anshin loan policy has been criticized for fueling property speculation through subletting and loan applications under false identities. With over 50,000 transactions through the New Anshin policy, concerns arise over its role in boosting speculative investment in the real estate market. The podcast explores the overheating housing market and questions if the New Anshin loan has indeed become a tool for property speculation.

Source: YAHOO

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