Stocks Hit Record High at 24,000! Housing Market Continues to Soar? Scholar Warns of Hidden Dangers: Beware of Turning into a Real Estate Bubble like G.E.M.

Reported about 1 year ago

On July 8, 2024, Taiwan's stock market broke through the 24,000 mark again, with experts warning people to be cautious despite the high market performance. The current situation in Taiwan shows a link between stock market success and rising property prices, with the potential risks of over-optimism and the possibility of a bubble burst in the future. Scholar Chang noted concerns over Taiwan's dependence on the semiconductor industry's success and the need for awareness of potential economic risks. The article also highlights the impact of stock market fluctuations on housing investments and the importance of prudently assessing risks in financial decisions.

Source: YAHOO

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