New Mothers Hesitate to Take Parental Leave, Concerned about Mortgage Burden

Reported 9 months ago

Due to the rising housing prices in Taipei, new mother Ms. Lin is worried about the financial burden of her mortgage after the grace period ends, prompting her to return to work earlier than planned to manage the potential increase in repayment amount. The overheated housing market in Taiwan has led to concerns about the ability of borrowers to repay loans, as homebuying affordability decreases while household debt levels rise. Scholars suggest adopting the SELF financial management method to cope with changing economic circumstances.

Source: YAHOO

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