Wealth Awakening
Buying a Home = 30-Year Prison? Rent vs NT$76M Mortgage Math
Taiwanese society treats homeownership as the single benchmark of life success, but the truth behind a 30-year mortgage is far more brutal than you think. This article uses real cases to break it down: a buyer carrying a ten-million-dollar mortgage for thirty years ends up with far less net worth than a renter who invests the down payment in a 7% index ETF. Hidden costs, rate risks, liquidity traps, and quality of life in old age — the brutal truths realtors will never tell you.