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Research into attraction shows a complex landscape. A study cited by Wikipedia found that among men specifically interested in trans women, over half identified as straight, indicating that for some, the attraction is rooted in a specific expression of femininity rather than a departure from heterosexuality.

Many find the term offensive because it suggests they are only "women" for the purpose of a sexual fantasy rather than having a valid gender identity. fresh young shemale

If you are writing about or addressing this topic in a respectful or journalistic way, it is standard to use: Research into attraction shows a complex landscape