Taiwan's property market is frozen 'with BTC golden cross'? Expert criticizes government manipulation of real price registration.

Real estate tycoon Shuai Guo Tou warns: housing prices will fall for several years, cutting 4% each year..) (Background: Taiwan Central Bank's Interest Rate has been frozen for 3 times, but the 7.5th wave of crackdown has quietly struck). The New Qing'an has driven a real estate boom, causing many banks to tighten loans when mortgages approached full capacity. The Taiwan Central Bank also launched the 7th wave of credit control in September last year, implementing the heaviest measures against speculation in real estate, severely impacting the transaction volume, which the market calls the 'Golden Dragon Tsunami.' The real estate market in the six major cities in January decreased by more than 40%. According to the Economic Daily News, after the Golden Dragon Tsunami and the Lunar New Year holiday at the end of January, the number of real estate transactions in January has shrunk significantly. According to the statistics of the six major cities' land administration bureaus by the residential and commercial property research and planning office, the total number of transactions in the six major cities in January was 14,226, a decrease of 33.7% compared to the previous month and a decrease of 43.2% compared to the previous year. According to data from the land administration bureaus of the six major cities, the number of transactions in Taipei City in January decreased by 35% compared to the previous month and 44% compared to the previous year; New Taipei City decreased by 37% and 50% respectively; Taoyuan City decreased by 36% and 36% respectively. Taichung City decreased by 30% and 39% respectively; Tainan City decreased by 32% and 44% respectively; Kaohsiung City decreased by 29% and 43% respectively. Xu Jiaxin, the executive director of the residential and commercial property research and planning office, said that after the Central Bank launched the 7th wave of credit control in September last year, buyers throughout Taiwan became more cautious, while sellers still insisted on prices after the pandemic, resulting in a widening gap in the perception of both buyers and sellers, coupled with a significant reduction in workdays, resulting in a clear decline in transaction volume. Lai Zhichang, the public relations director of Great House Planning and Research Office, analyzed that after the Central Bank introduced the 7th wave of credit control measures in September 2024, the transaction volume gradually declined month by month, and there was a temporary warming trend in December last year, which was the peak season for the real estate market at the end of the year. Until January this year, the early arrival of the Lunar New Year shortened the transaction period, and with the government's heavy crackdown on speculation, both buyers and sellers lacked confidence, and these two factors shaped this 'super cold wave' in the real estate market. Experts' criticism: The real estate market has become a political science. At this time, real estate investor and internet celebrity 'Shuai Guo Tou' recently commented on the real estate market on Youtuber Zhuangxiu Xiaowulang's channel. He had previously asserted that 'housing prices will fall', stating that the Taiwan real estate market is a political science, not economics, and that incorrect policies are causing great harm to the real estate market. Shuai Guo Tou also mentioned problems with the real price registration system, stating that he had previously said, 'The government selectively registers with the intention of manipulating housing prices,' but he was reported by the Ministry of the Interior for insulting the agency. He criticized the government, saying: 'It's simple to sue you again. Peng Huainan, the former president of the Central Bank, did not register.' The Taiwan real estate market experienced a continuous 12-year fall from 1992 to 2003. Regarding the Central Bank's heaviest crackdown on speculation in September last year, stock market investor 'Ai Run' asserted in November last year that the housing prices in Taiwan had reached their peak on September 19, last year, and that there is a possibility of a repetition of the 12-year fall from 1992, with housing prices possibly slumping by 50%. At that time, Shuai Guo Tou agreed with the view that housing prices would fall, and usually, once there is a fall, it will last for a long time, but he did not believe that it would fall for 12 years, emphasizing that 'this time the duration will be shortened,' and that a 4% fall per year is reasonable and the annual fall will not exceed 5%. BTC, the real estate golden cross? It is worth mentioning that, compared to the sluggish real estate market in Taiwan, the cryptocurrency market is a different story. Since the victory of Donald Trump in November last year, BTC has soared from $68,000 to nearly $110,000 in just a few months, reaching a historic high. After taking office, Trump vigorously promoted cryptocurrency-friendly policies, and with the expectation of BTC being included in the national reserve, the market is highly anticipated. An anonymous expert told BlockTempo that the real estate market may fall by 5% each year for three years, but BTC is expected to reach new highs during Trump's presidency, and the real estate market and BTC will have a golden cross, so people who own real estate may consider mortgaging it moderately and buying BTC to diversify the risk of falling. BlockTempo reminds: The cryptocurrency market is highly volatile, and the content of this article does not constitute any specific investment advice. Investors must be cautious before making investment decisions.