UNAFFORDABLE:Housing transactions shrank 34 percent in the fourth quarter of last year and are likely to fall further as home-buying interest drops to a five-year low
Date: Apr 07, 2015
By: Crystal Hsu / Staff reporter
Nearly 60 percent of Taiwanese consider housing prices unreasonable, with the discontent ranking highest in Kaohsiung, a survey by the Ministry of the Interior showed.
The quarterly survey showed that 42 percent of respondents found housing prices unreasonable, while 17.4 percent said they were “extremely unreasonable.” [FULL STORY]