Why is the Taiwan dollar weaker than Japanese currency

Short while could over 5 JP yen to T$> now it’s like 4.8. Thought Taiwan economy was doing better

Economic strength doesn’t always mean stronger exchange rate

Taiwan has an economy based on low cost manufacturing, they need to keep the value of the currency low. Big China does the same thing.

What a massive drop :laughing: I remember when 1 twd=2.5jpy

The Bank of Japan intervenes a lot in the currency market these days, with the help of the US

Weak yen + Japanese not obsessed with buying real estate like Chinese-speaking people are + Taiwan’s Japanophilic population

And you get this:

Probably where most of the money is going as I see no exuberance in Taiwan.

Many factors go into currency exchange rates.

Exchange rate is not an indicator of economic performance.

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.

Yet

If they’re going to crowd out real estate markets let them go do it in Japan.

Well now I read more, it seems its strong USA dollar is weakening T$, making Yen higher. Means Japanese goods will cost more here in Taiwan it seems.

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.

Many Taiwanese homes will lose their value, location is going to be key,

You can actually buy some old village places for a few million ntd in the south . Derelict places.

Those are newly built “luxury” condos.

Taiwan has a strong bias towards owning that Japan doesn’t have, and much more economic vitality.

That doesn’t mean the economy is bad.

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.

Rooftop speaking wise words.

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