Surur t1_j5y3ka7 wrote
Reply to comment by DickieGreenleaf84 in homeownership rate will be over 80% in the future because everyone will be able to own at least a small condo in low cost of living places due to remote work and indoor living. by Pitiful-Internal-196
> Has outsourcing improved homelessness in the countries the work is outsourced to? I see no evidence of that being true.
On the face of it, why would it not? It funnels wealth to less developed parts of the world, and that money would be used to secure housing.
StupiderIdjit t1_j5y4kal wrote
Because work isn't outsourced to pay workers to buy houses, lol. It just funnels money from America to like a couple of foreign dudes in China. That's it.
Surur t1_j5y5boi wrote
Clearly you are not giving it much thought. Vietnam's home ownership rate is 90% for example.
NofksgivnabtLIFE t1_j5y5dyv wrote
Capitalism doesn't like Vietnam anymore.
pmaurant t1_j5zmgqg wrote
Do they own the home or is it leased from the government, like in China?
Surur t1_j5zoj6a wrote
It looks like leasehold for 50-70 years, but that is not different from Uk for example.
DickieGreenleaf84 t1_j5y7fh7 wrote
How can it secure housing when the people aren't being paid enough to do so?
Surur t1_j5y82i4 wrote
> How can it secure housing when the people aren't being paid enough to do so?
Why would you believe that is not the case? I'm not talking about you.
DickieGreenleaf84 t1_j5y8mry wrote
Because there's no evidence that it is the case.
Surur t1_j5y9t41 wrote
> The Samsung factory workers get around $180 in monthly base salary, which can grow to around $300 when overtime, annual incentives and other benefits are included. That is well above average incomes in such rural areas.
https://www.reuters.com/article/us-samsung-elec-smartphones-vietnam-idUSKBN12E113
If there is 90% home ownership, and you are being paid above average, what does that mean?
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