In an ironical twist, Taiwan DPP (Green Party) recent elected president policies direction is moving towards what Singapore has been doing despite the blue camp is more "Pro" Singapore. Of the 5 Major reforms, two of them is deep in Singaporean heart.
Constructing 200,000 units of social housing for lease to low-income citizens
Taiwan problem isn't just about wealth gap. The main issue is the low average salary. Wealth gap is only meaningful when the average ( or median) pay is high. Even if they have succeeded in distributing the wealth evenly, it only means everyone is poor. The average salary in Taiwan is about S$2,100.
In the survey, 1111 Job Bank, one of Taiwan's leading human resources agencies, said that employers offered NT$26,493 (US$855) in starting salary on average to new college graduates. That's about S$1,100.
Cost of living in Taipei for equivalent level of standards, is ...
