Reported about 1 year ago
During a legislative session, Premier Su Tseng-chang and Minister of the Interior Hsu Kuo-yung addressed queries on the soaring property prices in Taiwan. Responding to concerns raised by a KMT legislator, the Premier emphasized that the government's measures are aimed at curbing property speculation rather than targeting homeowners. While acknowledging the unintended consequences of certain policies, such as the recently criticized New Youth Anshin Housing Loan Program, the officials highlighted the need to address speculation-driven price increases by reviewing existing policies. Minister Hsu pointed out that factors like robust economy and the cultural perception of property as an investment contribute to rising prices. The discussion emphasized the importance of distinguishing between combating crime and curbing speculation, with efforts to stabilize prices through public policy interventions.
Source: YAHOO