Reported 8 months ago
During a real estate trend report presentation by Yung-Ching Realty, Yeh Ling-Chi, the General Manager, mentioned that the new housing policy is not the sole driver of rising prices and awaits the Executive Yuan's meeting conclusions on the 27th. Yeh referred to state-owned banks requiring investors to sign undertakings as 'patching up the leak,' and viewed the Central Bank's sixth round of controls and increased reserve requirement as merely 'slightly tightening the bank faucet.' He emphasized the prevalent liquidity in Taiwan, suggesting that the measures don't seem very restrictive due to abundant funds in circulation. Yeh anticipated a scenario in the latter half of the year with increased property volume and moderated price increases.
Source: YAHOO