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Owning a home unattainable for many Taiwanese

Posted on 21 December 2012

Owning a home is the dream of many in Taiwan, but that dream is becoming unattainable for some, as speculative buying has driven prices to unaffordable levels. This has become a big problem as young people are putting off starting a family - exacerbating the already low birth rate - and many are growing increasingly resentful of this symptom of the widening wealth gap.
In the last couple of years, groups have been formed to lobby for housing affordability and protests have been held. The last presidential election saw President Ma Ying-jeou re-elected on a much smaller margin of votes - partly because of widespread discontent over this issue………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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