Architecture

As late as the nineteen-seventies, the Taiwanese still imagined they would make conquest of mainland China, so much of Taipei is still dominated by dull, blocky, and frankly ugly buildings. There are some notable exceptions, like the Grand Hotel, Chaing Kai Shek memorial, and the theaters that flank it. And in addition, the old, drab structures are rapidly giving way to modern buildings, Taipei 101 being the superlative example.
Taipei is looking better all the time, but even in ten or twenty years when most of the old buildings have been replaced, it won't have any of the richness of character than Budapest has now. For that reason, if nothing else Budapest gets the prize for best architecture.
Green Space
Sadly, I while I was in Hungary, I didn't get a chance to get out of the city. Although I do understand that the country is very nice indeed, especially around the massive lake Balaton. Never mind. There is plenty of trees and greenery on the city itself, particularly around the citadel...or pretty much anywhere. Budapest is of a temperate climate, but it's a warm temperate, and the city is symbiotically intertwined with nature, making it a very nice city to be in all year 'round.
The verdict: a tie! Although Budapest has perfectly integrated green space into it's urban environment, Taipei offers more variety.
Amenities
Taiwan: it doesn't have the amazing outdoor bath, but it has some pretty fantastic indoor ones. It has massage parlors galore, which are significantly more affordable than the ones in Budapest. There are chiropractors. Plus there are a gajillion acupuncture/Chinese medicine clinics. There are even places with good beers selections. Plus it's hella-bigger, so naturally, there is all sorts of other neat stuff, like the zoo, gondolas, tea houses, etc.
Taiwan.
People
Hungarians are fantastic. They are polite, warm-hearted, generous, kind, amorous, down-to-earth, and intelligent. And their women are gorgeous...aw heck, they're all pretty good looking.Taiwanese are very pleasant people as well. They have the same work ethic, wherewithal, and community spirit that Koreans have...but unlike Koreans, they are open-minded, creative, forward-thinking, and not terribly racist against foreigners.* Also, Taiwanese girls are to die for.
Tie!
Cost of Living
Hungary, by European standards is very cheap indeed. You'll pay about seven dollars, Canadian for a movie ticket. Even a very good meal will seldom cost more than ten dollars. A pint of draft beer will run you about three dollars in a pub. But here's the big thing: the cost of real-estate is low. How low you ask? So low, young couples can still afford to get a mortgage. Wow!Actually, the prices in Taipei for a lot of things are pretty much on par with those in Budapest. The main differences are that there are a lot of (night) markets with cheap stuff from China, you can get a quick and dirt meal for three dollars, home baked electronics (ex. Asus) are a bit cheaper, and buying real estate is super expensive--although renting is curiously cheap.
Taipei is cheaper...as long as you're renting.
Food
Hungary is world famous for its meats and it's produce. A tour of the fruits and vegetable stalls, and hole in the wall butcher shops will not let you leave without a full grocery bag in each hand, and a lustful dream of the night's dinner. If you don't feel like cooking, you can be sure to find a restaurant to suit your tastes, whatever they might be!Taiwanese food, frankly is nothing to write home about. Mostly bland Chinese food and dumplings. The hot-pots are good though !Oh, and the night markets have some interesting (if not delicious) foods, like blood pudding on a stick, covered with spicy peanut powder. Try the bubble tea though!

Overall Livability
Budapest is a really beautiful city. It's steeped in culture. The architecture is amazing. The food is fantastic. The people: warm-hearted. It's affordable. There are all the amenities. There are wide open spaces. There is a charming tram. Gypsies fill the streets with music. Couples kiss openly in public. Young artists sketch along the river. Pretty much anywhere is the perfect place for a jog. It's Shangri-La under a different name. The only problem is that everyone speaks Hungarian...oh well, you can sort of get by on English?Taiwan is a prince of a city. Located on the norther tip of a tropical island paradise. Ideologically, and geographically positioned between China and the United States. A bustling metropolis, with open spaces, and a thousand and one things to do. Affordable on any budget. Full of adorable Taiwanese girls. And you can definitely get by just speaking English...you can also land a job teaching ESL quite easily!
I love you Taiwan, but Budapest is just so damn pleasant. The winner is Budapest.
The Grand Champion: Budapest.
Although, I must end by saying that Taiwan is an amazing city and I would be happier than a pig in mud to live there.
*Don't get me wrong--Koreans will welcome you into their homes, or they will take you out for a night of drinking and foot the bill, but they will not be happy to know you're dating their daughters.
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