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More and More Young People in China Choose to Live in "Phantom Cities": How They Turned the Traces of the Real Estate Crisis Into an Advantage
Summary by Digi 24
1 Articles
1 Articles
More and more young people in China are transforming the aftermath of the crisis triggered by the real estate boom of 2000-2020, in which the biggest explosion of new constructions in history has been recorded, into an experiment that the Chinese call "living in a deserted city." For them, the greatest advantage offered by skyscrapers in cities like Huizhou is not the view to be envied, but the fact that they are half empty: rent is very cheap a…
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