A subbasement unit In Beijing’s Shaoyaoju area. As residential prices in the Chinese capital soar, more and more buyers are driven underground to seek out more affordable options. Photo: Zheng Yangpeng

Amid Beijing’s sky-high home prices, parents go underground

Subbasements are becoming the fastest growing category of residential real estate in the Chinese capital, especially around school districts

Topic |   China property

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A subbasement unit In Beijing’s Shaoyaoju area. As residential prices in the Chinese capital soar, more and more buyers are driven underground to seek out more affordable options. Photo: Zheng Yangpeng
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