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BackNearly 40% of residential transfers in Kaohsiung are through inheritance and donation, with the highest proportion in rural areas
Nearly 40% of residential transfers in Kaohsiung are through inheritance and donation, with the highest proportion in rural areas
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自由时报58 minutes agoBusiness2 min readChinaView original

Nearly 40% of residential transfers in Kaohsiung are through inheritance and donation, with the highest proportion in rural areas

Quick Look

  • There were 4,415 residential transfers in Kaohsiung City in the second quarter, of which sales accounted for 54.88%, inheritances accounted for 28.29%, and donations accounted for 11.35%.
  • The total number of inheritances and gifts accounted for 39.63%.
  • In remote rural areas such as Maolin District, there are zero sales transfers, and all are dominated by inheritance and gifts; in Alian District, after excluding the indigenous administrative areas, inheritance and gifts account for 72.22%.

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Why It Matters

The residential market in Kaohsiung City is affected by changes in the demographic structure. Inheritance and donation have become the main transfer methods, especially in rural areas.

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Inheritance and gift account for nearly 40% of residential transfers in Kaohsiung. (Photo by reporter Hou Chengxu)

Nearly 40% of residential transfers in Kaohsiung City are through inheritance and gifts, with the highest proportion among rural areas or old tribes.

According to statistics from the Ministry of the Interior, there were 4,415 residential transfers in Kaohsiung City in the second quarter of this year, including 2,423 transfers by sale, accounting for 54.88% of the total, 1,249 transfers through inheritance, accounting for 28.29%, and 501 transfers through donations, accounting for 11.35%. A total of 1,750 residential properties were transferred through inheritance and gift in the second quarter of this year, accounting for 39.63%.

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Further analysis showed that there were only 3 residential transfers in Maolin District in the second quarter of this year, including 1 donation, 2 inheritances, and 0 for sale and purchase transfers. Excluding the indigenous administrative areas, there were 36 residential transfers in Alian District in the second quarter of this year, including 6 donations and 20 inheritances, accounting for 72.22% of the total.

As for Nanzi District, where the housing market is hot, there were 526 residential transfers in the second quarter, 28 gift transfers, and 55 inheritance transfers, a total of less than 16%.

Real estate agents analyze that with the impact of population aging and low birthrate, more and more housing transfers are through inheritance and gift, especially in rural and old tribes. Due to the serious aging of the population and the high age of the housing, it is difficult to sell the house. If there are housing transfers, almost all of them are inheritance and donation.

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Open Questions

  • Does the tax burden on inheritance and gift transfer affect the willingness to trade?
  • Is the exodus of young people exacerbating rural housing vacancies?
  • Does the government have policies to address the housing circulation problem in an aging society?

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This article was originally published by 自由时报.

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