Ren Mei-ling (任美玲), wife of Chinese Nationalist Party (KMT) presidential candidate New Taipei City Mayor Hou You-yi (侯友宜), promised to provide subsidies to student renters in their property on Taipei’s Yangmingshan (陽明山), Hou’s campaign staff said yesterday.
Hou has been accused of exploiting renters during his election campaign over his family’s Kaisuan Condominium (凱旋苑) near Chinese Culture University.
At a news conference in Taipei, Hou’s campaign team presented a letter from Ren in which she vowed to convert the 103-room building, which she inherited from her father, into social housing for young people.
Photo: CNA
“My family has legal ownership of the property, and we legally refurbished it into a condominium,” she wrote in the letter.
Everything related to the property is legal and the family has paid tax on the rental income, she said.
As the property has been managed by Shin-Kong Life Real Estate Service Co (新壽大廈管理維護公司) since 2019, the family has not been involved in increasing rents, she said.
Photo: Chu Pei-hsiung, Taipei Times
When the management agreement ends in June 2026, the family would convert the property into social housing units for young people, she said.
Although the family cannot change the rents under the management contract, they would seek to subsidize a portion of students’ rents with aid of NT$6,000 per month for single rooms and NT$7,000 for doubles, she said.
Students and advocates on Monday protested outside the building, saying that Hou’s family was profiting off of students, with rents rising annually by at least 5 percent.
Democratic Progressive Party (DPP) spokeswoman Michelle Lin (林楚茵) said that Kaisuan Condominium is registered under Yoyu Co Ltd (又昱實業有限公司), which is headed by Hou’s daughter Hou Yu-fan (侯昱帆).
The company in 2011 signed a 15-year contract with Chinese Culture University to provide housing for students, and in that time, Hou You-yi’s family had made more than NT$300 million (US$9.72 million) from the property, Lin said.
She also said that the company subdivided the building into 99 separate addresses to avoid paying property taxes.
“Since obtaining the property’s operating license in 1997, Hou’s family has evaded paying tax for 26 years, for about NT$4 million in total,” she said.
“Many students cannot afford the condominium’s high rent, with its yearly 5 percent increases, so they want to terminate their rental agreements, but Yoyu would not let them,” DPP Legislator Rosalia Wu (吳思瑤) said.
Hou You-yi’s campaign deputy director Hsieh Cheng-ta (謝政達) filed a judicial complaint against DPP members, alleging that they contravened election laws by erecting billboards with photographs of Hou You-yi that said he earned NT$20 million per year from student renters.
DPP spokesman Chang Chih-hao (張志豪) said Hou You-yi should explain how he can support housing justice while also profiting from student renters.
“Hou cannot evade these questions. People are seeking clarification on his family’s properties, which runs contrary to his voiced support for housing justice,” Chang said.
Chang said that yearly rent increases of 5 percent with compound interest would add up to NT$20 million over the past few years, adding that Hou You-yi should explain if that amount is correct.
PRECISION STRIKES: The most significant reason to deploy HIMARS to outlying islands is to establish a ‘dead zone’ that the PLA would not dare enter, a source said A High Mobility Artillery Rocket System (HIMARS) would be deployed to Penghu County and Dongyin Island (東引) in Lienchiang County (Matsu) to force the Chinese military to retreat at least 100km from the coastline, a military source said yesterday. Taiwan has been procuring HIMARS and Army Tactical Missile Systems (ATACMS) from the US in batches. Once all batches have been delivered, Taiwan would possess 111 HIMARS units and 504 ATACMS, which have a range of 300km. Considering that “offense is the best defense,” the military plans to forward-deploy the systems to outlying islands such as Penghu and Dongyin so that
WHAT WAS ALL THAT FOR? Jaw Shaw-kong said that Cheng Li-wen had pushed for more drastic cuts and attacked him, just for the outcome to be nearly identical to his bill The legislature yesterday passed a supplementary budget bill to fund the purchase of separate packages of US military equipment, with the combined amount of spending capped at NT$780 billion (US$24.8 billion). The Chinese Nationalist Party (KMT) and Taiwan People’s Party (TPP) used their legislative majority to pass the bill, which runs until 2033 and has two main funding provisions. One was for NT$300 billion of arms sales already approved by the US for Taiwan on Dec. 17 last year, the other was for NT$480 billion for another arms package expected to be announced by Washington. The bill, which fell short of the NT$1.25
‘CLEAR MESSAGE’: The bill would set up an interagency ‘tiger team’ to review sanctions tools and other economic options to help deter any Chinese aggression toward Taiwan US Representative Young Kim has introduced a bill to deter Chinese aggression against Taiwan, calling for an interagency “tiger team” to preplan coordinated sanctions and economic measures in response to possible Chinese military or political action against Taiwan. “[Chinese President] Xi Jinping [習近平] has directed the People’s Liberation Army to be ready to invade Taiwan by 2027. China has a plan. America should have one too,” Kim said in a news release on Thursday last week. She introduced the “Deter PRC [People’s Republic of China] aggression against Taiwan act” to “ensure the US has a coordinated sanctions strategy ready should
A former television news host and six military personnel — active and retired — have been indicted on espionage charges, Kaohsiung prosecutors said yesterday. Lin Chen-you (林宸佑), a former CTi News host and YouTuber, last year allegedly made videos at the direction of a Chinese agent criticizing the Democratic Progressive Party’s recall campaign, the Ciaotou District Prosecutors’ Office told a news conference in Kaohsiung. He allegedly received 4,325 tether coins for the videos from an unidentified person surnamed Huang (黃), believed to be an agent of a hostile foreign power, they said. Lin, also known as Ma Te (馬德), has a show named
RSS