• Laser@feddit.org
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    19 hours 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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      16 hours 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.

      • Bobby@leminal.space
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        5 hours ago

        In rural areas where they only have dry toilets and no indoor bath house, many Chinese nationals have Internet and clean water. This is not the case for the deep country in the US.