Trend Shift: High-income Mortgage Borrowers in Taoyuan Migrate to Two Districts

Reported 8 months ago

According to Credit Information Center data, the number of Taoyuan residents earning over a million per year increased from 5,952 to 9,584 in 2019-2023, with significant growth. The top three hotspots for property purchase shifted with Zhongli surpassing Taoyuan to claim the top spot, followed by Taoyuan and then Guishan replacing Luzhu for third place. This change is attributed to large-scale migration caused by policies pushing traditional industries out of Taipei and New Taipei City, attracting property buyers from these areas to Taoyuan. The emergence of new redevelopment areas has facilitated a realignment of the property market in Taoyuan.

Source: YAHOO

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