Economics
Myanmar’s Jade Millionaires Fuel Property Surge: Southeast Asia
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On a tree beside a crumbling road in Myanmar’s biggest industrial estate, Thein Oo hangs plastic sheets, part of the trash he collects and sells for recycling to support his wife and five children.
Behind his pile of scavenged bags and cans, a gated empty lot, filled with weeds and stray dogs, is valued at more than $500,000 an acre, about 10 times the price of industrial land in Orlando, Florida.