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The News Lens
The News Lens
Roy Ngerng

Taiwan’s Housing Crisis (Part 2): Taiwan's Housing Prices Have Grown Faster than Most Advanced Countries, But Its Economy Has Not

Photo Credit: CNA

According to the first part of this article, Taiwan has one of the highest housing prices in the world, and one of the lowest wages among advanced countries, leading to one of the most unaffordable housing among advanced countries.

In this part of the article, I analyze the long-term trends of Taiwan’s housing prices and wages, and compare them with other indicators to understand how fast Taiwan’s housing prices have grown and how it threatens to destabilize the economy.

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