As China’s economy slows, some young people are snapping up cheap apartments to ‘retire’ early (archive.is)

submitted 1 month ago by mayakovsky@hexbear.net to c/chapotraphouse@hexbear.net

15 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] barrbaric@hexbear.net 33 points 1 month ago

Some are flocking to places like Hegang, a cold and remote coal mining city in northeastern China famous for shockingly cheap housing prices. [...] A one-bedroom apartment can be bought for $3,000, and $13,000 can buy a roomy four-bedroom place.

kitty-cri-potato

Depending on expenses that month, 2/3-3/4 of my cost of living is rent.

[-] Belly_Beanis@hexbear.net 6 points 1 month ago

$13,000 can buy a roomy four-bedroom place.

By "buy," they mean annual rent, r-r-right? Everyone knows houses cost like $500,000 for 500 square feet.

[-] barrbaric@hexbear.net 4 points 1 month ago

That would still be under half my rent for a one bedroom oooaaaaaaauhhh

load more comments (2 replies)

this post was submitted on 03 Mar 2026

59 points (100.0% liked)

Chapotraphouse

14344 readers

579 users here now

Banned? DM Wmill to appeal.

No anti-nautilism posts. See: Eco-fascism Primer

Slop posts go in c/slop. Don't post low-hanging fruit here.

founded 5 years ago

MODERATORS

LENINSGHOSTFACEKILLA@hexbear.net

corgiwithalaptop@hexbear.net

a_little_red_rat@hexbear.net

thelastaxolotl@hexbear.net

CoolerOpposide@hexbear.net

Thordros@hexbear.net

JustSo@hexbear.net