Climbing rent forces more people into smaller rooms

Radio Taiwan International;
Date: 13 June, 2019
By: Jake Chen

Climbing rent forces more people into smaller rooms. (CNA Photo)[/caption] Renting a place in Taiwan has always been expensive due to the island’s limited real estate. But statistics show that the rising cost of rent is now forcing more and more people into tiny rooms and apartments.

Renting a 10-square meter room in Taipei costs NT$18,000 (US570) a month. That’s equivalent to 66% of what an average college graduate makes, making it hard to afford for many.    [FULL  STORY]