Reported about 1 year ago
According to data from the Credit Information Center, in Q1 of 2024, the average bank appraised housing loan reached 13.554 million, representing a 21% surge over the past five years, hitting a record high. Analysis further revealed that Kaohsiung and Taoyuan experienced the most terrifying increases of over 30%. The disparity between income and appraisal value suggests a widening wealth gap in Taiwan, with affluent individuals benefiting greatly from the booming stock market and real estate sector while others struggle financially.
Source: YAHOO