A growing number of homebuyers in Taiwan are in the market for one-room apartments, a trend driven by high prices and people having fewer children.
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00:00 People in Taiwan's urban areas are buying smaller houses, a local real estate firm has found.
00:06 In Taipei, 19% of apartments sold last year had just one room. That's up 15% from 2019.
00:14 But smaller homes are on the rise in other urban centers too, with studio apartments accounting for around
00:20 10% of homes sold last year in New Taipei and Taichung.
00:24 The real estate agency says high prices and less need for room due to fewer children are the main reasons for the downsizing.