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I would suggest that: 1) It isn't the same situation. The level of corruption and absolute poverty levels are not comparable. 2) Where there are similarities
by XJOKOLAT 11y ago
I would suggest that:
1) It isn't the same situation. The level of corruption and absolute poverty levels are not comparable.
2) Where there are similarities in "first world" countries (e.g. empty housing stock), eyes are very definitely batted. At least in the UK.
3) I would argue that 10 million empty homes in India, where there is significant slum situation, which is basically accepted and regarded as "normal", even in the capital city, is more eyebrow-raising than an empty home situation a "first world" country. I don't actually see anyone losing their minds though.
- cpncrunch 11y agoSimilar situation (apart from the corruption and poverty) in Vancouver. Average detached 2-storey home price is $1.27M, average condo is $506k. It's completely unaffordable by the average working person. Lots of condos are purchased by overseas investors and left empty. Also, I'm not entirely sure why 10 million empty homes in a country with 1 billion people is a big deal. That's just 4% of the housing stock (assuming average of 4 people per home). There seems to be an assumption that you can just put the slum dwellers into the empty condos, which doesn't necessarily seem realistic. (I'm not saying that they shouldn't get decent housing, but I think it will need to be done in a different way).