Real estate is expensive but salaries are low. Why?

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

Post Body

Housing in general in Taipei is more expensive than like cities in the region, for the life of me I can’t figure out why. I worked in Taipei 15 years ago, my salary was $4500 USD a month before taxes. A friend of mine who has been at the company for a couple months just shared his salary and it’s the same salary I was getting 15 years ago!

Another friend is an English teacher making $2000 USD a month, he said he’s been on more or less the same salary his entire time there 10 years.

Housing cost keep going up but salaries in Taipei don’t! What gives Taipei?

Author

Account Strength

90%

Account Age

4 years

Verified Email

Yes

Verified Flair

Total Karma

944

Link Karma

279

Comment Karma

665

Profile updated: 1 month ago

Posts updated: 3 months ago

PettyMurphy4me

Subreddit

r/Taipei

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.

Posted: 3 months ago
Reddit URL: View post on reddit.com
External URL: reddit.com/r/Taipei/comm...