That’s about right. Some examples of what ~$20 gets you these days.
Some apartments in this range are actually decently renovated inside (by Taiwan standards) but the problem is the locations usually suck and you’re almost always going to be in a building that’s 30-50 years old.
A reasonably sized 3 bedroom in a building less than 20 years old in a decent location for $20 would be considered a steal.
The horrible rotten apartments in Taipei aren’t suited for families…I know some who live there but their life quality isn’t so great either crammed on each other and saving money to pay the mortgage. Of course it’s great for those high earners with no kids or given the free house by granddad.
I’m one seriously thinking about to move to Taichung, I have being in Taipei for 11 years and there is no miracle or magic that could open the possibility to buy a place here. Every time I compare the house market in Taipei with anywhere else in Taiwan, the quality for money is ridiculous big.
As a simple example: 30M in Taipei you might buy something reasonable, but then we get the same 30M and check in Taichung, you can buy something really high end and double or triple of the size of the same place as in Taipei.
If you move to New Taipei City or those other areas like Linkou or Wugu, the situation does not change that much, you can get something nice in the middle of nowhere just to be near Taipei, however the money still has small value in those areas.
I work in Taipei, and I’m gonna start to research how is the Job market in my area down south, the worst case might be to commute from Taichung to Hsinschu.
In addition, 12 monitoring stations have issued orange alerts for air that is “unhealthy for sensitive groups” in Taichung, Changhua, Nantou, Yunlin, Chiayi, Tainan, Kaohsiung, and Pingtung. Air quality is mainly listed as “moderate” in northwestern Taiwan, while air quality in northern, northeastern, and eastern Taiwan is reportedly “good.”
I agree with this. (The air is bad this month but summers+fall are great though!) After being in Taipei, I really find mid sized cities better for the lifestyle and rental values. Spent time in mid sized cities like Perth and Cork (working holiday) and found the vibe great, after awhile all big cities seem alike with people after more cash and work. Working cafes overseas I get chat more, and heard like comments above a lot from younger people.
It has been every time I’ve gone down there on business in recent years.
The Taichung Power Plant (Chinese: 台中發電廠; pinyin: Táizhōng Fādiànchǎng ) is a coal-fired power plant in Longjing, Taichung, Taiwan. With an installed coal-fired generation capacity of 5,500 MW, it is the third largest coal-fired power station in the world and also the world’s largest emitter of carbon dioxide with approximately 40 million tons annually (or about as much as the country of Switzerland as a whole.
New taipei barely lacks though, it has the transport. supermarkets, shops and restaurants, shopping malls even. its still a city, it’s more like taipei -1. but its still taipei. the parts surrounding taipei anyway, yong he and far off places like jin shan are the same city, but on practical terms they are not.
How about we just rename sanchong, xinzhuang, banqiao, zhonghe, yong he and xindian ‘the donut’?