Prices in the local real estate market are volatile in Taiwan. We just wandered through the East District where property seems to be ‘on sale’ at $1,000,000 per PING… in the South, you can almost buy a house for that! I don’t know who can afford property that is so expensive. I can perhaps figure that it’s the commercial real estate market, but private individuals? Where’s the money coming from? Taipei doesn’t look any wealthier than it used to be, cars don’t seem bigger… so who has that kind of money? Or is this the beginning of the HongKong-isation of local property?