Taipei City's real estate prices are peaking to a level that is further and further away from being affordable.The latest survey shows that the overall city's real estate prices are seventy-three percent more than five years ago.

　　It is harder and harder for most people to buy a place in Taipei City.According to a recent survey by the National Cheng Chih University's real estate research center, based on income and rent, the first season's bubble is 43 percent.

　　In other words, for every ping that cost one million NT$, 43 percent of it is the bubble effect, which the condition is more serious than it is 2 years ago.Scholars said that, most of those who purchased are investors, which drove the price up drastically.

　　The report shows that, in terms of demand, in the past five years, Taipei City household income only went up 1.2%, which is far less than the rate of real estate increase. However, some scholars believe that, with the intervention from the Central Bank, the second housing loan reform and selective credit control may drive real estate prices down in the second half of the year.

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