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The present study was to examine the implementation of major central bank credit control policies for the impact of price control areas and non-regulated area of real estate and the volume, and then view the credit control measures on the real estate market and the effect of suppressing the transfer of funds is causing the effect. From the time of this study were to explore and regional direction, and four variables for the sale price, the sale of the unit price rates of change in the number of trading members and trading members before and after the number of rate changes in the credit control policy implementation for two years (ie 097Q3 ~ 099Q2; 099Q3 ~ 101Q2) to differentiate between test and analysis view "control Region - a Case Study in Taipei before and after implementation of credit control measures," whether caused by transfer of funds to non-regulated areas of real estate investment after the implementation of credit control and the implementation of policies in effect control area transfer effect (in Taichung, Kaohsiung, for example).
The empirical results show, Taipei Area Control area, real estate turnover has now shrinking process conditions, and the transaction price trend, though still slow down its rate of change has been the rise but, showing that the central bank's credit control measures to ensure the effective suppression of in addition, after the credit control measures implemented, so that indeed the real estate prices and volume of non-controlled zone on the rise, especially among Taichung, low-cost location greater impact, should show transfer of funds to non-regulated the case of real estate investment areas occur.
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