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Peoples Memories News Today : Breaking News, Live Updates & Top Stories | Vimarsana

china: Young homebuyers take refuge in China s rust-belt towns

Fang, 29, is part of a wave of young Chinese choosing to invest in dirt-cheap real estate in declining and remote industrial regions, ditching China s modern, expensive metropolises. In major cities, "unless you re a child of the super-elite, I don t see how young people can ever earn enough for a house", the brand management professional told AFP.

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