In expensive Taiwan, some young people are giving up on the housing market to join the 'moonlight clan' instead (msn.com)
People dont think about what happens down the road if one does the mathematics.
The moonlight clam spends ALL of their money and have no savings and are growing in numbers. Eventually the number of buyers that can pay 15.3 times average earnings are going to become a tiny number.
Prices will drop off a cliff as you will have no one to sell to.
DO THE MATH.
