Even those making US$700k/year (NT$20 million) are having fewer kids today, versus the past.
Plenty of security, yet they have fewer kids.
Taiwan will probably be different due to cultural norms and how families pool their money for home purchases, but I have a strong hunch, the pattern is the same.
Sounds like a classic fridge in the living room kinda layout
Your math there looks wrong. Even if (perhaps optimistically) saving NT$10k per month, after 10 years that would be 10,000 Ă 12 Ă 10 = NT$1,200,000. So 120čŹĺ /NT$1.2 million, not 1,200čŹĺ /NT$12 million.
Did you perhaps mean that they should save up for 100 years before getting married?
Well, at least we both know the other has a spare room available in case we ever decide to start a houseshare. 
Youâre correct, my math was off by 10x. Dumb čŹĺ system.
But even with NT$1.2 million saved after 10 years. Or NT$2.4 million for a married couple.
More than enough to buy a NT$10 million house. Loan payment NT$30k/month @ 2% 30 year loan. Household income is NT$90k in Kaohsiung. Plenty of breathing room to have kids, if they wanted to.
Then you include more realistic Taiwanese factors such as investing in US stock market and contributions from parents. Can easily afford NT$15 million home as a married couple on median income in Kaohsiung by early 30s.
Apparently Taiwanâs home-ownership rate is 80-85%, which means only 10-15% of people rent. Kind of makes sense since thereâs 3-5% tax on non-primary residences in Taiwan. It doesnât tell you how âfinancially comfortableâ Taiwanese are with the mortgage payments, but suggests buying a house is not too big of a problem.
Itâs close, but not that bad.
There are some positives. The breaker box is very neatly done, for example. The electrician that wired everything definitely took the time to make it look great and servicable. The whole house has grounded (3-wire) connections and high-power circuits like the oven and AC are all 220V and circuits that feed sockets are all protected with GFCIs. Funnily enough, all the overhead lighting circuits are also 220V, which surprised me when I plugged in a 110VAC-only bulb, which very quickly failed, releasing the great smell of burnt plastic.
Thereâs proper FttH connections coming in to the network box, too.
Yeah, Iâm a big nerd.
its not, you can loan upto 10million twd for a first time taiwanese buyer sponsored by the govt
To save enough to buy a house and feel secure?
And/or: even without the intention to buy, to continue to live the lifestyle to which one has become accustomed.
Guy
Sugar babies!!!
Your math ainât mathing.
If 4 million per ping is four times the current average for Taipei, then the average price canât be 100 mill for 30 ping, as thatâs 3.3 million per ping.
[!quote] @Formosa_News
Soaring housing prices are pushing homebuyers to take on bigger and longer mortgages than ever before. According to government data, the national average mortgage term has hit almost 27 years. In Hsinchu County, the average term is even longer, at almost 30 years. Experts warn that although longer terms offer smaller monthly payments, they end up causing buyers to pay significantly more money in interest. Even so, many people are opting for long-term mortgages, in part also due to Taiwanâs booming stock market.
If you want to buy a house, you have to first save a lot of money. Then, pay monthly mortgage payments. By the time youâve paid it off in full, youâll probably be in your 60s.
https://english.ftvnews.com.tw/news/2026417W01EA
[!quote] taiwannews.com.tw
Taichung recorded the steepest decline in existing-home prices among Taiwanâs six special municipalities in the first quarter, with average prices falling 8% year-over-year
https://www.taiwannews.com.tw/news/6344377
Given Taiwanâs booming population, fuelled by immigration and a healthy birth rate, there is no doubt the ever expanding supply of high-quality housing will still be valuable decades later.
I saw a really nice looking house being completed in Kaohsiung, at first I thought it might be a small bespoke apartment block⌠but after speaking with the owner I found out it is a house. Free-standing architecturally designed 6 floors. A block from love river in Qianjin and behind the Girls Senior High SchoolâŚ. It was built to be sold. I hate to think how much it is worth. But apparently they think there is a market.
That post was hilarious. Getting things 10x wrong is âŚ
Itâs a (kinda) beauty. Itâll get real hot in Summer though.
Yes there are sufficient rich enough families in Taiwan who could buy it. Whether they want to at a given price is another question.
It depends on low interest rates. I guess the govt plans on never ever raising interest rates here. That wouldnât work in 99% of countries but Taiwan is an extremely cash rich country sitting on the worldâs most valuable industry.
Iâm sure thereâs a market. My comment was that the market when it is paid off could mean that the worth is a lot lower.
The thing that struck me, which you canât see in photo, is the detailsâŚ. Straight lines are actually straight etc. Have become accustomed to things not being like that in Taiwan.
It has a lift⌠Iâm sure it has air-conditioning that can run all day.
Booming stock market shifts investment away from real estate in Taiwan.
