Short-term subsidies cannot fix housing
The most tangible issue for Taiwanese this year is probably the rising prices of consumer goods and housing. The costs of these essentials are galloping ahead like a horse that has slipped its tether, never to return. Out of concern for the public’s most immediate concern — the housing question — and to curb its negative effects, the government expanded the rental subsidy program with an annual budget of NT$30 billion (US$1.03 billion) to reduce the rental burden on 500,000 households. Renters, who generally earn low salaries and cannot afford to buy a home, might be able to breathe a si...
Source: taipeitimes.com