House prices are too high to afford, so young people are “living down” waiting to inherit? In 2023, the average mortgage interest rate will reach a relatively high point in the past 13 years, and the number of transferred buildings will continue to hit a record high. Last year, there were 77,012 buildings nationwide, an annual increase of 9.4%. Among the six cities, New Taipei City and Taichung experienced the largest growth. However, experts warn that waiting for the trend of inheriting houses will be “fun first and then painful”. Heirs will face high transaction taxes when they resell later, so they should make plans in advance. (Further reading:Four-year low! In 2023, 307,000 houses were bought and sold in Taiwan’s real estate market, a year-on-year decrease of 3.5%.）
With high housing prices, young people are equal in inheriting the historic high of 77,000 houses in 2023. Experts: Be happy first and suffer later.File photo: Central News Agency
Lang Meinan, director of our housing planning and research office, analyzed that due to the declining birthrate and rising housing prices, inheritances and transfers are leaving more and more inheritances to future generations, so inheritances and transfers set new records almost every year. In addition to inheritance, the number of buildings donated by couples to save taxes has also reached 51,900, an annual increase of 4.2%.
Looking at the six cities, New Taipei City has donated 15,000 buildings and has a growth rate of 13%, both ranking first among the six cities, followed by Taichung City with an annual growth rate of 11%. Taipei City and Taoyuan City both have high growth rates of over 10%. . In terms of donations, except for Tainan City, which had a negative growth, all other cities experienced growth, with Kaohsiung growing the most at 5.2%.
In 2023, there will be a record high of 77,000 inherited houses.Picture/provided by residential and commercial institutions
Xu Jiaxin: Waiting for the formation of house syndrome, you will continue to be happy first and then suffer
Xu Jiaxin, executive director of the Jusho Real Estate Planning and Research Office, said that due to the long holding period of the land where the building is located, the land price has increased by an astonishing amount, and the land tax has been quite high. However, inheritance and transfer can be exempted from land value-added tax, so many elders choose to The transfer of real property to descendants by inheritance.
However, heirs will face high transaction taxes when they resell later. It is recommended that heirs make good use of the discounts for combining real estate and land for self-use, or tax rebates for repurchases. The owner of the property acquired through inheritance recommends that if there is a transfer need in the future, he must It is necessary to plan ahead to avoid crying when heavy taxes are imposed.
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Yahoo Finance special correspondent Ye Yiru: 22 years of experience in mainstream financial media. From the Web1.0 bubble in 2000 to the Meta Yuanverse Web3.0, he has witnessed the rise and fall of Taiwan’s large and small enterprise groups and has experienced five international financial crises. We believe that finance is life and is everywhere. No matter how difficult financial knowledge is, we should explain it in a simple way. Everyone, young and old, should manage money. If you don’t manage money, money will not care about you.
2024-01-29 02:21:33
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