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by maxglute
478 days ago
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TIL hangzhou/new tier1 is a "modest" city. It's a sick world class city. Yeah, PRC RE in T1/2 cities stupid expensive, but highly compensated PRC talent always have option to rent for dirt cheap in T1 and buy something nice in T2/T3 city with a few years wage. Many highly paid Hangzhou tech workers renting in nice districts while buying equally nice in less expensive cities close by, i.e. renting nice condos in Binjiang for $2000 USD and buying 150sqm apartments for 400k USD in Yanghzou on single salary. Let's be real shitty T2 and nice T3 cities that puts most north American cities to shame, factor in cost of living relative to wage and it's much better QoL than most tier1 north American cities if you prefer urban life. Living really well in PRC on high end tech salary (i.e."AI leaders") is babymode if you're not a retard insisting on living in tapped out T1. Granted tech wage cucks in some western cities get to live in large houses which isn't available in PRC, which has it's appeal. |
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Hangzhou is horrible place to live, if you check the PM2.5 of Jan and Feb 2025, a total of 5 days had PM2.5 readings below 75. That causes China to have the highest rate of lung cancer in the entire world. Interestingly, this is suddenly not even considered as "QoL".
Your entire argument that people on wages 10x to 20x times of the local average are still being priced out of the city should just buy into places further 400km out is the exact proof that there is no QoL whatsoever. Why should any "AI leader" be forced to buy in a city 400km away from his workplace if the whole propaganda is about QoL.