It's quite striking how high rent renders life miserable for 北漂 (bei piao) youth in both Beijing and Taibei (Taipei).
Everywhere it sucks to be a rootless migrant.
Between 2010 and 2019, rent rose by 30% in Taipei while wages were only 16% higher during the same period.
In 2020, 1.02 million households in Taiwan were renters.
70% of landlords in Taiwan, like their counterparts elsewhere, don't pay any taxes.
In 2022, Taiwan's red hot property market cooled for the first time since 2016.
Instead of hunger, modern poverty now means lack of life choices.
Over 70% of the apartments in Taipei were built over 30 years ago.
Taiwan is earthquake prone, being located on the 'ring of fire'. Can those old buildings withstand the shock of a major quake like the one in Turkey and Syria? Many are worried.
A new survey finds that young Taiwanese on average rate their life satisfaction level at 6.5 out of 10.
A new Beihang University survey finds that around 40% of youth are okay with renting apartments for life.