From what I read housing price to income ratio has increased ~2.5 times from 6.5 to 15.8 in last two decades in Taiwan. And it seems to be worse in new developments in city like Taipei.
At a top echelon of Taiwan society or as a tourist it must be nice live, roam around in pleasant urban environments compare to US suburbia but I am not sure average Taiwanese are finding life great with stagnating wages and unaffordable housing.