As China’s economy slows, buyers are investing in affordable apartments for early retirement

The “Life in Venice” housing development in Jiangsu, China, is largely abandoned, with many homes unoccupied following a downturn in the property market. However, some young residents, like Sasa Chen, have moved in due to low rents, enabling them to pursue a more relaxed lifestyle away from the pressures of urban jobs. This trend reflects a broader shift among young Chinese professionals seeking affordable living conditions and rejecting the intense work culture associated with major cities.

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