Reported 12 months ago
In a recent report, Yen Bing-li mentioned that the real estate market in 2024 will be like a frog in water slowly brought to boil. With the rush in presale home purchases, it is estimated that by 2027 when these properties are completed and delivered, the situation will become clear. Yen analyzed the trend of the real estate market in the second half of 2024 and pointed out that this year has seen significant market changes, especially benefiting the construction and sales industries. He warned that the current market, driven by low down-payment packages, may not be sustainable and likened it to a poisonous concoction disguised in attractive wrapping. Yen also raised flags on 16 warning signs, indicating uncertainties in the market's future stability.
Source: YAHOO