Taiwan'S Luxury Tax Starts The &Nbsp Of The Housing Market, And It Fears April.
Taiwan levy
Luxury tax
It is expected to be implemented in advance in June 1st.
Buy at a low price
It will appear earlier, but the magnitude may be less than expected. The expected surge of sales in May, which was originally expected, will also emerge in April, and the volume of sales will be set again after March.
Taiwan
Xinyi housing statistics, after the fermentation of luxury tax issues, the number of new sales in the market in March has been a new high in the past month, increasing by nearly 30% compared with January.
"Luxury tax ahead of schedule is expected to shorten the consolidation time of the market."
Su Qirong, manager of Xinyi real estate enterprise research office, pointed out that the number of new commission sales increased significantly in March. If one month ahead of schedule, it may force the owner to make an early response, rather than asking for a lower price. It is the intention to have a two-year plan ahead of time. It is expected that the peak of this wave of luxury sales will probably be reduced from May to April, and the consolidation period will also be reduced.
Xu Jiaxin, director of the real estate business research office, pointed out that the luxury tax ahead of schedule, allowing short-term speculators to be caught unawares, and the selling price of the new periphery of Xinbei city will continue to increase. However, many speculators may not be able to catch up with the last wave of escape because they may simply not sell or switch to the mode of rent and loan for two years. In other words, the overall low price of the housing market will come forward in advance, but it may be less than expected.
When the luxury tax is implemented, when the buyer can enter the field, the industry has different opinions. Some people believe that after the speculator comes out, there is little chance that the house prices will rise rapidly in the future. Now the public can look at the house slowly. If the elite district can find the good things in the 10% lower and lower prices, it will be able to enter.
There are also market participants who believe that the housing market should be amended for at least a year or so. It is suggested that after the Legislative Yuan election, the "political and economic situation" has been settled and then insured.
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