Hoi An faces cultural decline as locals flee rapid commercialization

AI Summary

Hoi An is experiencing cultural and demographic change as rapid commercialization drives residents away from the historic town. About 40% of original homeowners have left, while rents for state-owned properties have risen sharply, raising concerns about the loss of local community life.

Around 40% of all original homeowners have moved out of Hoi An, while rents for state-owned properties have soared to hundreds of millions of dong a month, putting the ancient town at risk of gradually losing its local population.