TAIPEI (Taiwan News) — Aging housing has become a pressing issue in Taiwan and limited access to apartment elevators is weighing on senior residents, particularly in the capital. Taiwan recorded 9.04 million residential housing units as of the end of September, 1.01 million of which were built more than 50 years ago, data from the Real Estate Information Platform has shown. The country witnessed a boom in the construction of condominiums during the 1950s and 1960s, which have stood for half a century, according to Tseng Ching-te (曾敬德), a researcher at Taiwanese real estate agency Sinyi Realty. Taipei has 125,000 houses over 50 years old, or 13.8%, the highest in the six special municipalities, wrote UDN. Housing over 30 years old takes up over 70% of the total, according to Liberty Times.

Source: Ethiopian News December 19, 2022 10:33 UTC