| Summary: | 碩士 === 玄奘大學 === 財務金融學系碩士班 === 100 === House prices have been increasing year after year. House purchasing is an important issue for many families. Since the economic gap between the rich and the poor has been widening, the down payment and debt-to-income ratio for house purchase can be a problem for a family. The homeownership rate in Taiwan has reached to 80%, and according to the investigation of housing demand, the funds for the down payment of house purchasing are not from savings and bank loans any more, but are from many other sources.
The data source for the present study is from the investigation of housing demand. First, the study used a statistical table to analyze the proportions of different fund sources for the down payment of house purchase in different cities and counties. Second, the study used a cross-tabulation to analyze the fund sources for the down payment of house purchase, debt-to-income ratios, and loan-to-value ratios in different cities and counties. Third, the study used a logistic regression model to analyze how different fund sources for the down payment of house purchase affect house purchase burden and behavior. Finally, this study used a regression model to analyze how different fund sources for the down payment of house purchase affect debt-to-income ratios and loan-to-value ratios.
The results of the study have shown that, in addition to savings and bank loans, funds from parents are the main source of down payment for house purchases. The funds from parents can affect the type of house purchases and house purchase burden and behavior.
Due to the high house prices in Taipei and New Taipei City, parents’ financial assistance in the down payment of house purchase is most needed. If funds from parents are not sufficient for the down payment of house purchase, loans from relatives, friends or loan clubs can be other fund sources. Therefore, those who have parents’ financial assistance have very high house purchase abilities and very low house purchase pressure. Those who do not have parents’ financial assistance and sufficient funds and need to loan from relatives, friends, or loan clubs, have lower house purchase abilities and higher house purchase pressure.
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