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Taiwan: Academics see real-estate bubble

Posted on 30 March 2012

Academics warned the government to watch out for over investment in real estate after real estate-related financing approached 50 percent of GDP in January.
Real estate-linked financing — including loans for home purchases, repair and construction — totaled NT$7.15 trillion (US$242.09 billion) at the end of January, accounting for 48.15 percent of GDP, which was valued at NT$14.85 trillion in December last year, said Chuang Meng-han, a professor of industrial economics at Tamkang University………………………………………..Full Article: Source


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