Ok two questions.
Too many houses and vacant apartments all over the country
Unstable political situation
almost zero population growth
(1) Why would anyone spend more than ten million Taiwan dollars on a house in Taiwan ? May be located right in the capital city where prices fluctuate less. But why buy now ? Surely waiting say 2 years would be better when the housing crash or decline happens (in my opinion). Salaries are very low in Taiwan anyway. Prices will be beyond the reach of first time buyers, and if interest rates ever go up along with unemployment we are looking at a big fall, and quick.
(2) In my opinion a good place now would be San xia due to the MRT being built and the university etc
What about Taoyen many Taiwanese reckon it is a good one. But why, because of the airport ? Can’t see why Taoyen would go up. No MRT either. Enlighten me please as to why Taoyen is considered a good property investment ?