Where will the locals go? They have networks of support, professional networks, etc. those are hard to replicate elsewhere?
How will they afford to leave and establish themselves? This is very hard to do when you already live close to poverty.
What's to stop the rich folk from bringing in cheap "temporary foreign labour" that is housed in the same conditions? Dishes still get washed, it's just the poor locals and the exploited TFWs that lose out.
"New Teams" has been so painful for me, but if I understand correctly that is because my work is still on Windows 10. The Windows 11 version works better than the React version?
Honestly, if we needed ologopolies because of our population/geography, why are they so profitable? They should just be getting by.
Break up the ologopolies.
Remove unnecessary/ineffective regulation that has been hijacked to promote protectionism.
Make all infrastructure a publically owned utility. If services can be offered on that utility efficiently via the private sector (roads, rail, ICT "digital highways") then let any company use them at a rate that supports sufficient maintenance, repair, and I provements.
In general, ban rent seeking.
This isn't that hard. It's not happening because the political and bureaucractic classes have been captured by big corporations and we have no real choices.