Rising prices of school district apartments in China

Global Business

Rising prices of school district apartments in China.00_02_15_10.Still003

Families in China have just settled in for a new school semester, but parents of children who are not yet of school age are getting busy too.

They’re looking for apartments near the best schools, hoping to assure their children a good place in a school when the time comes.

CCTV’s Dong Yiling filed this story on rising prices of school district homes.

Rising prices of school district apartments in China

Rising prices of school district apartments in China

Families in China have just settled in for a new school semester, but parents of children who are not yet of school age are getting busy too. They're looking for apartments near the best schools, hoping to assure their children a good place in a school when the time comes. CCTV's Dong Yiling filed this story on rising prices of school district homes.

More details:

  • The public school enrollment in China requires a family’s residence to be registered at an address associated with the school. Shanghai currently has over 130 key elementary schools but not even one in five children has a chance of getting into one of them this year. This has made apartments near those schools hot properties, especially those near the highest-ranked schools.

Victoria Shtainer on Chinese real estate
For more on Chinese real estate, CCTV America’s Michelle Makori spoke to Victoria Shtainer, a licensed associate real estate broker.

Victoria Shtainer on Chinese real estate

Victoria Shtainer on Chinese real estate

For more on Chinese real estate, CCTV America's Elaine Reyes spoke to Victoria Shtainer, a licensed associate real estate broker.