this post was submitted on 23 Feb 2024
150 points (95.7% liked)
Asklemmy
43328 readers
887 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
600 square feet? What do you do with all the space? I can't even conceive of having such a large house.
The house I live in is about the cheapest in my area that has an actual land deed. So it's an effective minimum for a house in my city -- smaller houses can't get land deeds, so you can't properly buy them. It costs about the equivalent of USD 150k.
I live in Ho Chi Minh City, Vietnam. The median salary is not so high here. So correcting for cost of living, that's 'something like' the equivalent 600k in the USA.
The other catch is that the house is 2.3 meters wide and maybe 9 meters long (including the walls). That's about 225 square freedom units. No yard in the front or back. Typically 2-3 families would live in a house like this, but it's just my wife and I, because I need half the space for my business. My previous residence was smaller, about 2 meters by 4.5 meters. The roof fell on me once, but otherwise it was quite acceptable. That cost about USD 5k to build (building only -- not land price), but you can't legally buy or sell it.
Home ownership is basically impossible here except through inheritance, or owning a successful business (which is quite a battle in a cost-driven market). Even then, most families get a small room, with no ownership paperwork or land deed -- the theoretical value of these is about 60k USD based on the rent vs. value of other buildings. So, equivalent to ~240k in the USA.
The other other catch is that bank interest rates are very high -- and unless you are already rich, chances are you cannot get a loan. So typically buying a home is done in cash. Some people who work at big companies with upper middle class salaries have been able to get loans in recent times too.
Off in the countryside, you can still get a decent plot of empty land for ~30k USD and build your own home (10k to 200k depending on whether it's a hut or a villa). However, there are basically zero employment opportunities out there, and you're far from advanced hospitals and so on. Basic services are available, roads and power are OK, and it's quite lovely. If you're in good health, know how to catch fish, and speak Vietnamese, it's actually a pretty good good life.
Anyway there are many things about life here that are really great (I mean, I chose to immigrate), but the path to home ownership is brutal. I thought it was brutal in North America but really I had no idea.
600 squared freedoms are 55 communists squared, in case anyone else from the civilised world was wondering. So not very big.
I have yet to meet a square communist!
I tried:
Wow. To be fair, most of the communists I know are less handsome than that. They look like maybe... somewhat better than average middle-aged people? They also only occasionally stare off to the horizon, far ahead and slightly to the left, with appropriate literature held tightly against their chests :P
I like that black shirt, I'd buy that in a second. We get some really nice propaganda posters here, but often the message is less dramatic than the artwork. Usually it's stuff like 'don't drink and drive', 'try to eat less salt', and 'spitting in public is gross, stop doing it please'. Once I could read them, I discovered most of them were... surprisingly wholesome :D