• Laser@feddit.org
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    12 days ago

    the cost of basic necessities like housing and food are about 3x cheaper.

    Depends. Newly built apartments will set you back $200k after conversion there, some years ago it could easily reach $500k.

    • TranscendentalEmpire@lemmy.today
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      11 days ago

      In a tier 1 city, I wouldn’t doubt that. That’s the equivalent of buying a new apartment in NYC or San Francisco.

      However, unlike the US there are an over abundance of older living spaces that are much much affordable.