Taiwan’s housing prices are one of the highest in the world, but policymakers don’t seem to understand the gravity of the situation, nor have they taken urgent steps to resolve the crisis. Current measures aren’t enough to bring down housing prices to an affordable level.
In this article, I compare Taiwan with other advanced countries to understand how bad Taiwan’s housing crisis has become. The data on housing prices is obtained from Numbeo, a crowd-sourced database of statistics.
