> STOCKSHOTS: Hegang, rust-belt Chinese town where young homebuyers take refuge in / 33PD6AV
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STOCKSHOTS: Hegang, rust-belt Chinese town where young homebuyers take refuge in / 33PD6AV
Clip ID 2199566
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Description
Images of residential buildings and streets of China's northeastern city of Hegang.
Towns like Hegang have endured decades of population loss since the 1980s, as market reforms shifted the economic centre of gravity towards the increasingly affluent eastern and southern coast.
But now these shrinking cities are seeing a surge in interest from young buyers seeking alternatives to the urban rat race, drawn by easily affordable housing and a growing reputation for low-cost. STOCKSHOTS