New regulations to crack down on subletting and dummy households in housing policy draw concern from speculators

Reported about 1 year ago

The hot housing market has attracted the attention of the Ministry of Finance and the central bank to address the issue of subletting under the new housing policy in New Taipei City. Experts believe that expanding the investigation on non-self-occupied households could uncover many speculators, potentially leading to a decrease in leveraged investments which might help alleviate the current supply-demand imbalance in the market. However, the impact on the overall housing market remains uncertain and will depend on the effectiveness of government enforcement actions.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis