Majority of young workers in Taiwan cannot afford to buy homes: poll

Focus Taiwan
Date: 2017/04/07
By: Chiu Po-sheng and Y.F. Low

Taipei, April 7 (CNA) Most office workers in Taiwan under the age of 40 cannot afford to buy a home, despite a recent drop in property prices, according to a survey released by an online job broker Friday.

The survey conducted by yes123.com showed that only 12.1 percent of office workers under 40 have been able to purchase their own homes.

The other 87.9 percent cannot afford to do so, even though prices have declined in recent months, the poll found.

According to the survey, 53.9 percent of office workers under the age of 40 still live with their parents or other relatives, while 34 percent live on their own in rented units.
[FULL  STORY]

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