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Beijing to shake up housing market near elite schools with new education policy

China will implement a new policy of rotating teachers across different schools in Beijing from next quarter, a move likely to shake up demand and supply of so-called xuequfang, or “school district” properties in the nation’s capital.

Primary and middle school teachers in Beijing will get the opportunity to be reassigned to other schools in all 16 districts in the capital starting from the coming semester in September, the education bureau said in a statement on its website on July 20.

The decision underlined China’s resolve to douse speculation on home prices around elite schools, partly blamed for surging cost of education for households and slowing population growth.

查看中英双语全文，微信关注“可可英语晨读”公众号。关注即可【加入晨读打卡学习群、领取双语全文pdf笔记，还能提前锁定免费直播课名额】。更多更快更精彩的内容，尽在“可可英语晨读”公众号。