Property market needs broad fixBy Chang Chin-oh 張金鶚On Dec. 7, and without prior warning, the central bank proposed four targeted financial control measures that went into effect the next day. However, can these measures achieve the result of curbing property speculation and fixing the housing market? We are now being told that house-hoarding tax reform needs to be discussed for another two years. The only way to thoroughly correct the housing market is by establishing a long-term system of laws and regulations. Hopefully, the government’s plan for improving the housing market can make it more rational and give young people hope for their future housing needs.

Source: Taipei Times December 23, 2020 16:07 UTC