As the Taiwan dollar appreciates, many are asking, "What will happen to my assets?" Scholars warn that while a surge in hot money and an increase in housing prices are expected, the subsequent hollowing out of industries and rising unemployment will significantly increase the likelihood of a housing market decline. Real estate agents believe that once housing prices drop significantly, it will present a good opportunity to buy.

The movie "Old Fox" mentions, "Did you know that housing prices have doubled in the last six months?" The struggle of the characters against rapidly increasing housing prices resonates particularly with viewers over 50, rendering it a striking social thriller.

Financial professor Chang Ding-Hsuan recalls that in 1985, the price of housing in metropolitan Taipei was about 100,000 NTD per ping, which rose to 600,000 NTD by 1989 on Dunhua South Road, representing a modest increase. This was during a time when the U.S. invoked Section 301, pressuring the Taiwanese government to allow the Taiwan dollar to strengthen.

Between the end of 1986 and the end of 1987, the exchange rate of the Taiwan dollar rose from 35.5 to 28.55, an increase of 24.3%. Hot money from around the world flooded into Taiwan, pushing the stock market from 1,000 points to 12,000 points, and consequently, housing prices skyrocketed fourfold in a mere four years. However, with the appreciation resulting in industrial shrinkage and the exit of hot money, the economic bubble burst in 1990, leading to a significant decline in housing prices.

Thirty years later, the presidency in the U.S. has shifted from Reagan to Trump, with different administrations seeking to address trade imbalances. Scholars suggest that the historical trend of stock and housing markets peaking and then declining may repeat itself. However, there is no need for excessive worry, as the U.S. under Trump is seen as unpredictable, and the Central Bank should learn from past experiences.

Real estate agents point out that current homeowners looking to upgrade have more room for negotiation, allowing buyers to seize this favorable moment for purchasing in a more rational market environment.