Home » Shenzhen School District Housing Price Cut Buyers Want to Abandon 2 Million Deposit and Check Out | University District | Epoch Times

Shenzhen School District Housing Price Cut Buyers Want to Abandon 2 Million Deposit and Check Out | University District | Epoch Times

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[Epoch Times News on August 4, 2021](Epoch Times reporter Liu Yi comprehensive report) After Shenzhen plans to launch the university district admissions system, the Shenzhen school district’s housing immediately undergoes tremendous changes. Some owners cut prices by one million overnight, and some buyers want Give up the 2 million yuan deposit to break the contract.

The “Regulations on Social Construction in Shenzhen Special Economic Zone (Draft for Solicitation of Comments)” published on the website of the Standing Committee of the Shenzhen Municipal People’s Congress of the Communist Party of China on July 30 showed that the enrollment and school management model of university districts will be implemented in the form of legislation, and a teacher exchange system in compulsory education schools will be established.

The university district means that parents can apply to any one or more schools in the university district regardless of location restrictions. A community corresponds to multiple schools, and the real estate is no longer directly linked to a school. The same school district room may be allocated to prestigious schools or ordinary schools.

In this regard, Times Finance reported on August 3 that Song Ding, deputy director of the China Urban Economic Expert Committee, said that the “Draft” will have a huge impact on the long-standing unreasonable phenomenon in compulsory education and the hype of school district housing. One hundred percent of the school districts can go to prestigious schools. Now, under the university district system, there is only the probability of going to prestigious schools, but school is not guaranteed. Therefore, the value of the original school district housing will be greatly reduced, and a significant drop in housing prices will be a high probability event.

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The housing market in the Shenzhen School District also responded quickly. Shenzhen Zhang Xiaoling (pseudonym), who was about to change houses, said that the first reaction after seeing the news was to give up the 2 million yuan deposit and check out. She said: “I am at the end of July. I fancy the degree room in Xiangmihu and place a deposit of 2 million yuan (RMB, the same below), plus taxes, intermediary fees and other expenses, and the total purchase cost is more than 20 million yuan.”

In Zhang Xiaoling’s view, if Shenzhen implements a university district, the value of the originally set housing will be greatly reduced. It is more sensible to stop losses in time than to withstand the loss of housing prices. At present, the details are unclear, Zhang Xiaoling is still waiting and watching, but the scales have been tilted.

While buyers are still on the sidelines, sellers have decisively reduced prices first. Among them, the Baihua District of Shenzhen School District had the most enthusiastic response.

On August 3, Baihua District real estate agent Huang Siyan (pseudonym) revealed that after the news of the school district housing policy came out, many school district housing owners have adjusted prices, all starting at one million yuan. Many owners said to the intermediary that as long as the buyer sincerely wants to buy, the price can be negotiated.

“Chang’an Garden was sold for more than 14 million yuan last year, and now more than 13 million yuan can be bought.” Huang Siyan said that the current attitudes of owners in the Baihua area are divided. Small. Owners who bought real estate in the early stage and have used their degree have reduced the price greatly. As long as the buyer’s decision-making time is short, there is a lot of room for price negotiation.

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On August 3, a Shenzhen real estate practitioner said that after the release of the “Draft”, buyers were waiting to see the policy trend and did not dare to buy hastily.

Owners of Shenzhen Luohu degree housing have already cut prices first, and the listing price of some houses has fallen by more than one million yuan from the highest point.

After the release of the “Draft”, many netizens believed that Shenzhen would not have the concept of a prestigious school in the future, and the school district housing would disappear from then on.

But Song Ding doesn’t think so. Song Ding said that the difference in educational resources under the university area still exists, and the university area of ​​famous schools will still receive more attention. In order to gain the probability of entering the famous school, parents still have to buy houses in the university area. In this sense, houses in university districts with prestigious schools will still receive more people’s attention. Therefore, housing prices in prestigious university districts may still be higher than ordinary university districts. It’s just that changes in school district housing prices will tend to be more reasonable, and school district housing prices will be closer to other housing prices on the market.

Recently, Beijing, Shanghai, Shenzhen and other places have continuously introduced “regulation” policies on school district housing. In response, commentator Dr. Zhang Tianliang analyzed in his self-media program on August 2 that as early as April 30 this year, the CCP The Politburo passed a decision to suppress the school district housing, and it was very clear. The fight for school district housing is a fight for high-quality, scarce education. Because the current employment situation in mainland China is very severe. If you are not graduates from prestigious universities in mainland China, you may be unemployed. Therefore, if you want to enter a prestigious university in the mainland, you must attend a key high school. If you want to enter a key high school, you must attend a key junior high school, a key elementary school or even Key kindergarten. Therefore, the employment chain has been transmitted to the kindergarten and then to the real estate sector. Because elementary schools and kindergartens are divided into areas and go to school nearby, houses near good schools become a pass to good schools, and school district houses come into being.

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Zhang Tianliang said that CCP nobles do not need to live in this school district, their children can go to this good school, and those who can afford school district housing in the mainland are basically Ming-run entrepreneurs and IT upstarts, while CCP nobles are not. The children of these private entrepreneurs and IT upstarts are willing to snatch these precious educational resources. One of the reasons is that these powerful children will form a circle together, and they will accumulate contacts. Therefore, the CCP will not let their children and The children of ordinary people are together, which is an important reason why the CCP suppresses school district housing.

Editor in charge: Fang Xiao

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