Guangzhou backs rental market
China’s economic powerhouse Guangzhou will give tenants equal rights to education resources as homeowners, quashing a former rule. The regulation is part of a larger plan to increase the number of renters and curb high-flying property prices. In many cities across the country, property is more expensive in areas around good schools. The right to attend these schools, however, is limited to the offspring of homeowners, rather than tenants. “Improving the rental market is an important part of housing reform and improving people’s lives. It is part of Guangzhou’s long-term residential plan,” said an official with the Guangzhou Housing and Urban-Rural Construction Committee. Under the new regulation, tenants who hold a Guangzhou (household registration permit), or a skilled worker certificate, will be able to enroll their children in elementary and middle schools.