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by thelastgallon 2 days ago
> All of the English speaking capitalistic countries are suffering from the same problem the United States, Canada, Great Britain, Australia, and New Zealand.

A third world country like India has costlier real estate than any of those. A 2nd rate metro has apartments in high rise buildings for $500K - $1M. Unbelievably expensive. Then there are villa communities (equivalent of single family homes, suburbs), which are even more costlier. I keep asking people how do they afford these and how will this sustain, nobody has an answer about how these are afforded but everyone thinks the growth will continue. The usual problems of mosquitoes (dengue, malaria), water problems, power outages, lifts not working, worst air quality, etc, etc .... looks like the only thing copied from western world is super costly real estate.