You’d pay over 1000 a month to live in a walk in closet in New York.
Yes but it’s also very illegal and enforced if people try something like fire death trap bars on a window literally anywhere in the developed world outside of HK and Taiwan. You can get rooftop units in NYC, but they will be up to code or they will be condemned.
I’m not sure harsh code enforcement will help rental prices in Taipei at all.
The rental market for shacks in Taipei is about NT$20,000. That’s quite a bit more expensive than it used to be. I agree that you are getting very little for your money. Basically a slum dwelling with no crime and great public transportation.
But around NT$50k you can start getting a good value for your money.
Why not do what the Taiwanese do and move somewhere where the rent and cost of living is lower?
When I was a toddler you could buy a house in Taipei for maybe 3 million. That same house is likely worth 50 million now.
Australia Canada NZ Taiwan and many other countries have migration programs where money is not relevant to the application.
So which countries are you claiming only allow rich people to immigrate? Many countries have investment migration this is true but they also have other ways to immigrate legally.
I should add that a friend recently rented a 5th floor plus rooftop for just NT$20,000 in central Taipei. Clean, quiet lane, plenty of light, unfurnished, good layout. Probably 15 minute walk to MRT. The building is probably 50 years old and there are some minor problems with wall cancer in rooftop unit. It’s very simple but it is definitely liveable.
It took about four months to find the place. They are out there but it’s getting harder to find them.
Also, rooftop units are supposed to have been built before 1994. In those simpler and poorer times, most people just built a shack up there for some extra space. Of course they are rundown now.
Skilled worker immigration program is for high class work, not someone immigrating to be bus drivers.
I didn’t have any parents or grandparents to help me buy my own home here.
Neither did many people on forumosa.
Linkou?
Guy
Have you ever issued put a skilled migrant PR visa in a passport? Did you know their spouse and children are included and many skilled migrants don’t come from wealthy families? Have you ever processed a skilled migrant application as a government official.
Have you ever owned a business helping skilled migrants with the equivalent of junior college diploma or high school graduate with 5 years of senior management immigrate to another country?
Yes bus drivers are not considered skilled migrants. I had clients under 30 who were marketing officers or teachers or even private music teachers or computer coders who did not a lot of money who were able to immigrate to other countries. You don’t need to be what you call high skilled in high positions.
Those were the prices of apartments near Songshan Airport near Minchuan E RD in 1988. NT$4 million bought you a new three storey townhouse with land and your own car park in Taichung in 1990.
Its 2024 now so of course you pay more.
Shenkeng? Sanxia (university district)??
While I agree that the real estate market in Taipei is pretty bubbly, people routinely underestimate inflation and how quickly their money loses value. Inflation is like compound interest, but in the other direction and is a large driver of higher prices in real estate.
Taipei is not the only place where property prices have surged.
Hualien seems like a, uh, shakey retirement destination.
That’s where we’re headed. We already bought a vacation apartment there, and we will upgrade to something a bit bigger before retirement. Maybe the upgrade will be land and a small, one-story house that we oversee the construction of. That seems to be one way to deal with the whole lot of shakin goin on.
Bei da is way pricey.
Looks like you are more likely to find some decent one in the 20k-30k range.
A friend says there are quite a few places available in Toucheng/Jiaoxi, which might work if one didn’t have to commute at rush hour.
The economics of living in Taipei have changed a lot. The low cost slacker life with plenty of travel and few economies doesn’t really seem that possible these days. I guess I didn’t realize how good we had it.