Taipei Times - archives: "While Taiwan has a high home ownership rate, many elderly have real estate but no money to live on. Such people often have to ask their children to cover their living expenses. If their children are less than filial, this often leads to argument. After the elderly die, their children inherit their real estate assets and enjoy the wealth that took their parents a lifetime of hard work to build.
It is also hard for the elderly to ask their children to help cover their living costs in a dignified manner. The mechanism proposed above would allow the elderly to rely on themselves while ensuring they retain their dignity."
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