Taiwan economy is shit Taiwan dollar is weak, Taiwan dollar is strong Taiwan dollar is weak, it’s due to the central bank heavy currency manipulation and their rules on where funds can put their money.
The only thing I can say is at least it’s not the Japanese yen.
Most of Japan homes, last 20-30 years before value is gone, so over the long term not so good like a Taiwan house which keeps it price, though we have smaller space for garden than a Japanese house.
Maybe that’s just because Japanese are a few years ahead in terms of aging population and birth rate decline. Taiwanese houses might lose their value too.
For now. 40-50 year olds are the largest share of the population. In 10 years those people will approach 60 and in 20 years they’ll be getting close to my age. You won’t get much vitality - economic or otherwise - out of that group.
Consumer spending is the biggest driver of any economy.
Taiwan’s consumer spending, except for on pets , is going to head off a cliff, the demographics are crazy.
What’s worse is they import 1 million supposedly temporary workers who aren’t encouraged or given a chance to be real consumer spenders. Dumb dumb dumb.
AI is the big unknowns along with cashed up AI investors, but the broader economy is a big question mark, same as China or Japan or Korea etc . South east Asia, Cambodia, I donesia, Vietnam, Malaysia they have a lot more run way for economic growth due to their consumer growth.
Not Thailand typify, Thailand is similar to Taiwan.
So. it costs more then? (For condom, faster a less land) If you do not live in it or rent it out, most likely a poor investment. It’s like a car , after a certain time it’s worthless. My friend bought one, but she uses it a vacation home; with low home prices, she thinks it is good value. A few heritage homes might keep the cost, but those are few.
AI 摘要
In Japan, house buildings rapidly lose their book and market value, typically dropping to near zero within 22 to 30 years. This depreciation applies strictly to the structure, while the land retains or even appreciates in value depending on the location