Northeast China Homes Unsellable at $100, Woman Buys Shandong Seaside Home for $11

Amid China’s economic downturn, a growing number of young people are leaving major cities like Beijing, Shanghai, and Guangzhou for smaller towns. In these “ghost cities” left vacant by population loss, abandoned homes have become a refuge for young people seeking shelter through the winter. Compared to the properties worth millions in large cities, these essentially free homes in lesser-known towns offer unbeatable value.

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