Ah Huang, the Digitimes CEO, said the solution to Taiwan’s growing income inequality, is for the service sector to think of ways to make money off the tech sector. But the reality is, tech workers are pouring money into real estate like everybody else who has the chance. Therefore, Taiwan needs a …

That analogy is way off. Japanese housing stock looks better than Taiwanese housing stock because there is enormous private wealth in Japan. The Japanese state’s fiscal spending is nothing like a private citizen deciding to lease a Porsche that she cannot afford to buy outright. And if you are weal…

I personally think it is a myth that there has been significant Chinese investment in land in Taiwan. I hear this a lot in places like the East Coast but there is very little evidence. Why would Chinese investors buy land in the names of Taiwanese proxies? That’s highly risky. They don’t trust the p…

[image] OysterOmelet: I think the bubble was a commercial real estate bubble, different from a residential bubble. If the chart is correct, looks like quite a bubble in residential real estate as well. [image]

One of my clients is one of those businessmen. He had brought most of his businesses back from China, and is currently building his third massive logistics warehouse down here in Yunlin. Along with the warehouse, he has also built/purchased properties for his extended family and some of his top e…

[image] foc: That analogy is way off. Japanese housing stock looks better than Taiwanese housing stock because there is enormous private wealth in Japan. Taiwanese have tremendous private wealth too. They just don’t care about looks as much. [image] Global wealth report ranks Taiwan…

[image] OysterOmelet: Taiwanese have tremendous private wealth too. They just don’t care about looks as much. I suppose because inviting friends over to one’s home is not a thing in Taiwan? Homes are typically small.

[image] ExpatDad: If a foreigner lives in Taiwan and makes over 200k USD a year almost half of that goes as taxes. That’s just insane! No it’s not. That is misinformation.

It’s what I found on the Taiwanese government website. Do you have another source? [image] 投資臺灣入口網 Invest Taiwan_Business in Taiwan_Introduction of Taiwan Tax...

Yeah. You’re misunderstanding it.

Addressing Taiwan's Growing Income Inequality

Politics Taiwan Politics

TT September 2, 2024, 2:33am 123

I’ve never lived in Japan, but I actually live in Taiwan. Seems to me showing wealth is common with vehicles but not with homes (Thailand was the same)