Housing conditions in Asia

Asia is the largest part of the world with a vast territory of 44.5 million km2 and the majority of the population, which is a more than 4.1 billion person. Despite the fact that this part of the world is developing faster than others, the quality of life and housing in general are quite low. This article explores three countries with high quality housing: Japan, Singapore and South Korea, and four countries with low quality housing: China, India, Indonesia and Afghanistan. In each of the listed countries, the taxation of real estate will be considered, the analysis of the ratio of the cost of housing to the profitability of citizens and rental opportunities for citizens will be given. The results state that economic development plays a smaller role in influencing housing than a large population and high density, technological development directly affects the quality of real estate, military aggravation worsens the indicators of the country. By understanding the levels of population, technological and economic progress of any country in the Asian region, it is possible to roughly indicate the state of housing in every region.

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