Soaring Property Prices Push Taiwanese Buyers Toward Cheaper 'Haunted Homes'

Skyrocketing real estate costs in Taiwan are prompting homebuyers to consider properties with dark histories, commonly known as 'haunted houses,' which are priced significantly lower than the market rate. These homes are typically associated with past deaths or violent incidents, making them less desirable in a culture where superstition remains strong. Many financial institutions are hesitant to offer loans for such properties, citing concerns over difficult resale prospects. Despite these hurdles, some buyers proceed with purchases and often perform traditional spiritual rituals before moving in to appease perceived spirits. The trend highlights how economic pressure is intersecting with deep-rooted cultural beliefs in Taiwan's modern housing market.