Falling property values in Chinese cities are leading to an exodus of China’s youth to poorer regions in search of low-cost, affordable housing. In the northeast, known as China’s “rustbelt,” residents can purchase apartments that are, in their words, “cheap as cabbages.”

A documentary by Singapore channel NewsAsia (CNA) analyzed the Chinese housing market and the situation in Fuxin, a small city located a few hours from Beijing. Secondhand apartments in Fuxin cost $590 per square meter, compared to the high $7,000 per square meter for apartments in Shanghai. Lan Deng, professor of urban and regional planning at Taubman College and co-founder of the Collective for Equitable Housing, joined CNA to discuss the oversupply of housing in these shrinking cities.

“Their population has been shrinking, and jobs are in decline,” said Deng. “So you build a lot of housing and have a much higher housing stock than what your population or economic opportunities can absorb.”

Deng’s interview starts at 3:02 on CNA’s official YouTube channel. The program was also picked up in Chinese by Taiwanese news outlet TVBS and can be found on TVBS’ official YouTube channel.