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Taiwan’s average house loan hits record NT$9.7M in Q4 2023
Discover the latest on Taiwan’s housing market: The average mortgage loan for home purchases hit a record NT$9.705 million in Q4 2023, reflecting the ongoing challenge of high housing prices despite government efforts. Learn more about the impact and responses.2024/05/21 15:49 -
Taiwan’s young adults face record-high mortgages
Young adults in Taiwan face record-high mortgages, with only 21% of young people in Taipei City owning homes. Rising property prices are attributed to labor and material shortages and increasing land prices. Homeownership among young people dropped to 32.2% in 2023, with Taipei and New Taipei having the lowest rates. Kaohsiung has the highest rate of young homeowners at 37.3%.2024/03/28 16:13