30.03.2012 - Taiwan: Academics see real-estate bubble
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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