Have you ever actually tried using the low-cost option on Fiverr? They results are, quite frankly, un-usable. The good ones know their worth and charge accordingly.
Simillary, I worked for a Swedish-based multinational that nearshored some of their dev-work to Poland. Well guess what, so did Hertz and Deutche Bank and Ryan Air and a bunch of other multinationals and suddenly the 50% cheaper dev work was down to 10% cheaper.
People won't settle for peanuts just because they're living in a low-COL area, they'll want to get paid what they're worth as well.
Simillary, I worked for a Swedish-based multinational that nearshored some of their dev-work to Poland. Well guess what, so did Hertz and Deutche Bank and Ryan Air and a bunch of other multinationals and suddenly the 50% cheaper dev work was down to 10% cheaper.
People won't settle for peanuts just because they're living in a low-COL area, they'll want to get paid what they're worth as well.