Tuesday, November 25, 2014

City real estate too high, gasoline too cheap. Result: sprawl

First-time home buyers flee Greater Taipei - The China Post: "Statistics showed that a total of 7,811 people moved to Keelung — about a 20-25 minute freeway drive to Taipei — in the first nine months of this year, with 71 percent of them coming from either Taipei or New Taipei, the ring that surrounds the capital."