The number of households with one person in Taiwan is approaching 4 million, accounting for 40.5%, exceeding the total number of households with two or three persons for the first time.

According to data from the Ministry of Interior’s real estate information platform, the number of one-person households last year approached 4 million, accounting for 40.5%. For the first time, it exceeded the combined number of two- and three-person households and became the most mainstream household type, with an increase of nearly one million households in the past five years. (Picture/Information photo)

Two out of every five households in Taiwan are registered by one person. According to data from the Ministry of Interior’s real estate information platform, the number of one-person households last year approached 4 million, accounting for 40.5%. For the first time, it exceeded the combined number of two- and three-person households and became the most mainstream household type, with an increase of nearly one million households in the past five years.

Statistics show that the number of households in 2020 is still 8.933 million, with the proportion of one-person households at 34%, the proportion of two-person households at 20.5%, and the proportion of three-person households at 18.1%. In 2023, the number of households will increase to 9.24 million, and the proportion of one-person households will increase to nearly 36%. The number of households will surge to 9.85 million in 2025, with the growth rate accelerating significantly. The proportion of one-person households will reach 40.5%, two-person households will be 21.1%, and three-person households will be 17.1%. One-person households have exceeded the combined number of two-person households and three-person households, showing the trend that one-person households have become the mainstream.

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Comparing the 120,000 to 170,000 newly completed houses and the 100,000 to 120,000 marriages each year in recent years, the growth rate of single-person households is significantly faster than the number of marriages and house transfers. Zeng Jingde, project manager of Xinyi Housing Real Estate Enterprise Research Office, said that the rapid increase in the number of one-person households may be related to the purchase of houses by single people. On the other hand, the housing tax 2.0 will be implemented in 2024 and will be levied in 2025. You must register to use the preferential tax rate for self-use. For new houses, Taxes are extremely expensive, which has led to a wave of people registering to save taxes. It is more reasonable that the natural increase in the number is close to the number of newly completed houses and the number of marriages. However, the number of single households will increase sharply from 2023 to 2025. Compared with the actual situation, the statistical number is somewhat watery.

Zeng Jingde said that after the housing tax 2.0 reform, there will be registration restrictions for the holding tax and transaction tax for self-use preferential treatment. It is recommended that people move their household registration if they buy a new house. Pay attention to the registration time for housing tax and land price tax. In addition, the combined house and land tax will be applicable to a tax exemption of RMB 4 million for 6 years. It also requires continuous registration and actual residence for six years. Relevant regulations must be planned in advance.