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Rising House Prices Expected After Hualien Earthquake: Netizens Believe Demand Will Surge

Many netizens believe that after the Hualien earthquake, no one dared to buy old houses, and the prices of second-hand houses and new houses will definitely rise, and the overall housing market will rise instead of falling. (Image/reproduced from Huang Pengjie)

After a 7.2-magnitude earthquake occurred in Hualien on the 3rd, there were more than 400 aftershocks in two consecutive days, of which hundreds were clearly felt. Many houses were damaged across Taiwan. According to the Land Management Bureau of the Ministry of the Interior yesterday (5th) The list of dangerous buildings was announced, with a total of 18 buildings on the red list and 34 on the yellow list. In this regard, a netizen curiously asked, “Are house prices going to collapse after the earthquake?” After the post was exposed, a group of netizens pointed out “1 cruel reason” and called for the price to continue to rise.

A netizen posted on Dcard with the title “The earthquake is so serious, will house prices collapse?” He said that the 7.2-magnitude earthquake in Hualien was felt across Taiwan. It can be said to be the most serious earthquake in the north in recent decades. Compared with the previous 921 earthquake, when housing prices plummeted for half a year, he was fully expecting the housing market to cool down. He exclaimed excitedly, “Is the spring for those without houses coming? You can prepare to look at houses.”

Unexpectedly, as soon as the post came out, many netizens were not optimistic, thinking that no one would dare to buy old houses after the earthquake, so the prices of second-hand houses and new houses would definitely increase. “The shortage of raw materials and labor related to real estate reconstruction after the disaster is more serious, and the price is difficult Going forward, no one wants to buy old houses, and second-hand and new houses will rise.” “No one wants to buy old apartments, and new houses continue to rise.” “921 has an impact on the economy, but it has not affected the economy at all, and the current market supply and demand are out of balance. Now there are a lot of old houses that have problems and they are forced to change houses. Do you think the price will go up or down?”, “It won’t go down, but there must be many cracks in the houses recently and tens of millions of broken houses will be taken over by young people.”, ” Silly boy, it was just the beginning of the explosion. We have experienced strong earthquakes and a lot of dangerous buildings were shaken out. A lot of people have no place to live. Don’t they need to buy new ones?”

In addition, some people pointed out, “I immediately saw an advertisement for an earthquake-resistant house. Of course, it is mainly earthquake-resistant and sold at a higher price.” “I bought an earthquake-resistant house. The price of the earthquake-resistant house should be better.” , the house is damaged by the earthquake, the demand increases, and more construction projects can be promoted.”

2024-04-06 04:12:30
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