As China’s property market craters and youth unemployment rises, burned-out young professionals are fleeing megacities for ultracheap housing in remote towns. At the semiabandoned “Life in Venice” multibillion-dollar development, rents are as low as $168 a mo…
The Life in Venice housing development, a multibillion-dollar replica of the Italian city on the Chinese coast, stands silent. Many of the tens of thousands of homes are hollow husks of concrete and … [+6914 chars]
.jpeg?trim=0,1,0,0&width=1200&height=800&crop=1200:800)
