General Taiwan vs. everywhere else real estate discussion 2021 edition

[CopyCat]

@Darkesontr

Apparently the law is targeting house flipping / scalping (note it now includes presale homes). There is trend in Taiwan where when a new apartment block goes on sale, speculators will line up overnight, buy up all the prime apartments, then immidiately sell them for a quick 10-20% profit.

Yeah, this law sucks. I’ve been doing this for a long time. I use the profits to keep a house or two then.