Rents across Taiwan are becoming increasingly unaffordable, with some Taipei renters now spending over half their income on single-room apartments. Government data shows rent prices hit a record high in February, rising faster than in much of Europe, with central Taiwan seeing the steepest increase at 3.19%.
00:00Renting a home in Taiwan is getting more expensive, with some people in the capital, Taipei, now spending over half their income on single-room apartments.
00:09Government statistics show rent prices across Taiwan hit a record high in February, rising 2.6 percent from the previous year.
00:17Experts say inflation, high housing prices, and more people turning to rentals are driving this increase.
00:23Central Taiwan was the most affected, with rents rising 3.2 percent compared to the year before.
00:29Taiwan's rent is growing faster than in much of Europe, where early 2025 increases were under 1 percent.
00:34But it remains far lower than in Australia, where rent surged 8.1 percent in 2023 and rose another 4.8 percent in 2024.
