Beijing will introduce a lottery to allocate some primary school places in a bid to rein in rising prices for homes near coveted academic institutions, according to Chinese media.
Most pupils in the capital are assigned to a school within their neighbourhood, and many parents have spent millions of yuan to buy a home in areas with elite schools, in the hopes the purchase will lead to a prized spot, driving up property prices.
The new measure was aimed at “lowering parents…
Source : South China Morning Post
Read more…Beijing to launch lottery for prized school spots as home prices go through the roof
