Affordable housing is top priority for young parents
Housing continues to be the top concern for most young parents in China, most of whom are from the post-90s generation, said a new report.
According to a white paper published by Babytree, a leading maternity website, on parenting modes in China, which looked into various aspects such as family demographics and consumption habits since 2009, housing was the major concern for young parents of the post-90s or even the post-95s generation.
A majority of the young parents chose to buy a house before having children, the report said, adding that 77 percent of the surveyed couples had bought or owned a place, while 21 percent of them said they had planned to buy houses of their own. Some 24 percent said they are looking to sell their current place and move into a bigger home.