Taiwan is pushing home prices down through amazingly harsh taxes

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House prices are now falling in Taiwan after dramatic government measures to curb speculative house purchases, and a sharply slowing economy.

Taiwan’s Lutheran home price index fell by 4.33% (-3.9% inflation-adjusted) in August 2015 from the same period last year, in sharp contrast with the annual rises of 3% in a year earlier, and 11.3% in August 2013, according to Sinyi Real Estate Planning and Research.  

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