Chinese policymakers’ crackdown on Xue Qu Fang – homes in good school districts – is worrying buyers. Young parents fear they could lose out on an assured place for their children in elite schools and an assured appreciation in home prices. Authorities, however, seem to have found a way to cool down runaway property prices.Fang Liang, mother of a 4-year-old girl, has had recurring nightmares in the past few days. They were all about a 7.4 million yuan (US$1.14 million) Xue Qu Fang she bought…
Source : South China Morning Post
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