Originally posted by FAEbGBD:
So if the government would actually get involved in finding answers to those problems, rather than finding ways to pay for it themselves, we might actually get somewhere. If that guy hadn't got his hundreds of millions, and got $50000 a year instead, and all the cost savings were spread among all of the healthcare bills over those years, how much less would the pimple have cost?
What is the relative cost for food, a house, in Taiwan? I mean, if the pimple had cost $60, it's still 1000% higher than it would have been in Taiwan.
Locally produced food is much cheaper than imported food. Imported food can be very expensive as there's a smaller market for it (distributor's excuse).
Taiwan has enjoyed four years of rising house prices. Prices rose by 8.86% across Taiwan in the year to end-Q1 2008, according to the Sinyi House Price Index. Residential property in Taipei city increased in price by 7.06% over the year.
Sales of upscale properties worth more than NT$30 million per unit (US$922,500) jumped 70% in the year to November 2007, according to a report by Yungching Real Estate Agency, while sales of houses costing less than NT$6 million (US$184,500) dropped 10%.
Real estate agents have observed a noticeable increase in returning Taiwanese businesspeople buying houses or apartments, especially in Taipei.
At the bottom end of the market the complaint is that house prices have climbed beyond ordinary affordability levels. Indeed, Taiwan has the highest price/rent ratio in Asia, at 42:1, exceeding even the levels of Hong Kong, Singapore, and Bombay, India.
Regards
Taike
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Bo pen nyang.
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