SERIES: Taiwan-U.S. Quarterly Analysis | Number 18 of 18 « Previous
Opinion | July 2015
The factors and implications of rising housing prices in Taiwan
Global and Area Studies/ Geography
University of Wyoming
Taiwanese media say that Taipei housing is so expensive that the average household would have to “neither eat nor drink”[MWW1] for fifteen years in order to own a place. They use this statistic to explain the high costs of housing and the difficulty of achieving homeownership. Skyrocketing prices have also made housing a political issue. Increasing the supply of social housing, or finding methods to curb rising prices, has become a key issue in each major election since 2010. Possible housing solutions are constantly under debate and, due to resistance from different interest groups, making slow progress.
 Liberty Times, 2015.5.12. Available at: http://news.ltn.com.tw/news/business/paper/879666