China’s youth find apartments cheaper than cars in ghost towns

The ‘Life in Venice’ housing development, a multibillion-dollar replica of the Italian city on the Chinese coast, stands silent. Many of the tens of thousands of homes are hollow husks of concrete and alabaster. But in recent years the remote, partially abandoned complex has drawn unlikely new residents like Sasa Chen, a burned-out young Chinese woman, who, until recently, worked a high-earning finance job in Shanghai, China’s bustling commerce hub. The appeal?