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Central bank tightens loans for luxury home purchases

2012/06/21 21:49:36

Taipei, June 21 (CNA) Buyers of luxury houses in Taipei and New Taipei that are priced NT$80 million (US$2.68 million) or above will only be able to borrow up to 60 percent of the asking price from Friday, the Central Bank of the Republic of China (Taiwan) said Thursday.

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