Central Bank Slightly Loosens Housing Market Controls; Directors Vote Against, Fearing Resurgence of Housing Price Increase Expectations
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Taiwan's Central Bank, in its first-quarter board meeting, kept interest rates frozen while easing some housing market controls, raising the maximum loan-to-value ratio for individuals' second housing loans from 50% to 60%. Some directors voted against this decision, fearing a resurgence of housing price increase expectations, making the real estate market's future movements a key focus.