New suburbs mean a new lifestyle and a new more modern middle class. Or do they? Words by Edward Dalton
Building new suburbs means replacing one set of residents with another. The former, socially engineered for the modern era, the latter, displaced. Words by Jesse Meadows
You’re wealthy, you live in Vietnam and you’ve got money to invest. So what do you do with it? With so many restrictions on taking money out of this country, your options are limited; gold, the stock market, business (the popular option these days is F&B) and real estate. While the expansion of the new suburbs is focused on creating new housing for a modern Vietnam and on relieving the pressures of high urban population density, there’s another motive at work — investing in real estate.
I tried to leave Vietnam twice. Both times I came back.
20 Years – Australia
20 Years - Russia
Over 10 Years - Australia