• utopiah@lemmy.world
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    1 day ago

    The prices elsewhere is irrelevant. If there is 1 thing that is not movable it’s precisely a house. One doesn’t buy a building but rather a location. The price of real estate is about the infrastructure available.

    Anyway, even if it wasn’t about location, location, location (the 1 rule in real estate) here the point is about citizenship, not actual houses. FWIW St Lucia is a beautiful place but… step out of a luxury hotel and see what happens. GDP per capita is low ($15K) and Gini coefficient is high.