No, tent city is the equivalent of slum in Canada where even basements are unavailable, homeless people end up in tents and camp in city grounds.
Basements are not bad. At least, you might have your own washer and dryer, kitchen, etc. Would you rather avoid it anyways and set up your own tent, hoping one day you are invited to live in a modular housing complex meeting your requirements?
Sorry but you are underestimating the slums in big Asian cities as each slum dweller has own lot, own house, washer, dryer, kitchen etc but one could argue the area is small & have different defination of house.
Secondly the land cost of slums in a big Asian city will be much higher than that of Canada expect the downtown area of few major canadian cities.
So, technically the net worth of a slum dweller in a big asian city is more than that of an average canadian.
But again tent city is a luxury when you a ask a homeless person or substance abuser spending mornings in the library, spending afternoons in the transit and evenings and nights outside in the downtown. To them having a tent will be like buying a house as at least its fixed. To them actually tents are not bad.
Finally you just dont become poor by earning less yourself but it also happens when people around you start earning more and get better facilities. In this case living in basement defines entry into poverty as people around you live better.
In conclusion I agree with you as what you have said is correct but so am I. In the end its upto the immigrant-tenant & what are their priorities. I can only empower them by sharing facts :-
Why avoid basements as an immigrant:-#
1. No naturtal light,air and moulds are common as you end up in boxed hole.
2. If landlord has dogs or kids then you are humped as the noises will be unbearable.
3.Apart from that you will hear all kinds of noises like running tap water, mobile vibrating, people walking etc.
5.The landlord can only access & will keep the thermostat comfy to his levels and your basement = freezer.
6. Again because landlord can only access thermostat, there is no advantage of having heating included in the rent.
7.Basement landlords often say its cool during summers but the fact is majority of the year its going to be either cold or winter.
8.As an immigrant you need a lot of focus and concentration. But you will have distrtactions 24/7 because of the sound above and will not be able to apply for jobs, do interviews, work and even sleep.
9. Now because of point above (8), you will have bad health and career.
10. Forget the word - PEACE
After all those disadvantages does it make sense to live in a basement and ask yourself if it is worth it risking your health and career ?