Taiwan has loads and loads of world renowned industries. You can find pockets of the top tier manufacturers of random industries in places like Nantou.
Taiwan bosses are just cheap and labor laws are fucking shit
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does that mean people will be able to afford housing again? and all the asshats holding property as investment will finally get crapped on?
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Numbeo is stupid as fuck. It should be shut down for perpetuating fake news.
In Taipei it is very expensive but the same is true almost everywhere. Housing is overpriced in the largest city.
Actually itās not just Taipei unfortunately. Taiwan property prices and land prices are ridiculously high because of the population density and that you can do almost anything you want with farmlandā¦Iāve looked around all over Taiwanā¦Even in the small towns and villages you will struggle to find nice housing . And standalone property with a small piece of land is very expensive here. I can buy a castle or villa in Ireland or France or Spain for the price of an acre or two of some parcels of farmland here. I can buy a villa in France for the price of a regular horrible shitty apartment in Taipei .
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Idk about land prices, but property prices are nothing special outside Taipei.
I donāt know what is it with people believing that overpriced property prices is exclusively a Taiwan problem. Only very rich people can afford owning properties in the largest city pretty much everywhere. Is it a problem? Sure. But if you believe itās not the case elsewhere you are delusional.
Iāve looked aroundā¦Unfortunately land and housing here ā¦The prices are awful even compare to expensive countries in Europe.
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Well if you want a castle then of course there wouldnāt be one in Taiwan 
Not even a castle just a nice house in the country. And these arenāt the cheap countries in Europe.
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That house looks like itās haunted. Especially that living room.
Taiwan is far smaller and most of the island is a mountain chain so of course lands would be more expensive. You wouldnāt find a cheap country house in Malta either.
Groceries is not food. Groceries are expensive here because of the āeat outā culture lowered grocery demand. Food is much cheaper here overall.
Lack of competition .
Last time I checked groceries sell food lol.
Wages are rising. Electronics companies, construction workers, machinists, all seeing huge gains.
Some sectors are being slammed by Covid, but thatās temporal.
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It may also be spatial. 
Guy
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Itās called ācharacterā , every historical house should come with a good ghost story.
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Didnāt you know English teacher wages are the only thing that matters?
Iām willing to bet my life food in UK & France is more expensive than in Taiwan.
Donāt do it. You will lose it. Food (Groceries) are way cheaper in France and the UK. Produce is also better except for fruit.
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SE Asia still has a long way to go.
Iāve mentioned how difficult it is to work with manufacturers there before for my business. SE Asian prices are amazing, far better than Chinaās right now. Hellā¦even China outsources to places like Vietnam. I speak with Vietnamese manufacturers in my industry, their biggest market is China. Then China sells to the West.
The reason for this is the lack of infrastructure to support the level of exports E Asian countries are used to. From logistics, financial structures being difficult, to random regulations that are stupid and the lack of ability to combat the virus right now.
Iāve had to hire translators, my biggest manufacturer now is in Vietnam. But no one can speak Englishā¦and the banking sucks there. Lots of hurdles, itās not going to be attractive to large supply chain needs.
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It depends on what kind of food.
And Numbeo is full of shit. Those prices look laughable.
Regular staples as listed above. Taiwan is expensive for good quality fresh food . Even rice is more expensive here.
Numbeo is pretty accurate overall in my experience.
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