Reported 9 months ago
The latest data from the Taiwan Economic Development Research Center at Chung-Hua University revealed that consumer confidence in purchasing homes in June skyrocketed to a new high for the year, reaching a peak of 106.9. Despite this positive trend, Taiwan Housing Group's Vice President, Zhou Heming, cautioned against three potential policy curveballs affecting the real estate market: a review of the New Qing An Act, possible further tightening by the Central Bank in the next two meetings, and the implementation of a property hoarding tax in July which may prompt a reshuffling of assets. Zhou's warnings come amidst a buoyant property market driven by factors like the New Qing An Act and increased capital inflow from the stock market, boosting public confidence in housing investment.
Source: YAHOO