Rent hikes push Myanmar’s poor into homelessness

photo 1378838486457 1 HD 300x199 Rent hikes push Myanmars poor into homelessnessSoaring rents in Myanmar’s commercial capital Yangon have seen hundreds of poor families shunted from their homes, forcing them to turn to charity as their last buffer from life on the streets.

Political transformation, which has swept the country since the quasi-civilian government took power in 2011, has seen sanctions lifted from the former pariah state and stoked rising investment interest in the perceived frontier market.

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