Reported 11 months ago
With the real estate market booming, the New Qing'an preferential housing loans have been identified as a major factor. In response to issues such as subletting and dummy households arising from the policy, the Executive Yuan approved the amendment to the Qing'an loan principles. Starting from June 27th this year, those who have already been approved for the New Qing'an preferential loan by banks after August 1st last year will not be allowed to apply for this loan again. Premier Cho Rong-tai emphasized the government's commitment to cracking down on any irregularities that disrupt the housing market order, pledging to investigate and eliminate any misleading sales or group buying practices related to the New Qing'an loans.
Source: YAHOO