Students' priority should be studying not home buying
China Daily | Updated: 2017-04-27 07:03
FIVE PROVINCIAL CAPITALS, Wuhan, Changsha, Chengdu, Hefei and Nanchang, are now allowing students at college to pay into the government housing provident fund on a monthly basis. Thepaper.cn comments:
The fund was initially designed as a subsidized means for an employee to save for, and eventually complete, a housing purchase. Extending the fund to include college students is the result of the rising anxiety and demands of young people in the face of the continually rising housing prices in cities.
But paying into the provident fund may encourage college students to harbor the illusion that buying a home as early as possible is the most important thing in life.
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