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Should students seek profit from property?

By Zhao Xinying | China Daily | Updated: 2016-10-31 08:22

Recent reports by Canadian media said that some Chinese students have made considerable profits - in a typical case C$1.16 million ($870,000) - by flipping property while studying in the country. This has attracted widespread attention from people in Canada and China and has triggered heated discussion.

Pros

"I don't think it's a bad thing, because such a move by students abroad is obviously backed by their parents, who are generally wealthy and want to increase their assets. It's normal for families like these to trade in real estate in the country or city where their children are studying, and is a perfect choice because owning a house could save them a lot of money on accommodation. Not to mention that they could possibly make a considerable amount of money by selling the property after the children graduate."

Should students seek profit from property?

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