Cheng Zhen gave birth to her second child last year and her firstborn is expected to attend primary school in a couple of years. To improve the growing family’s living conditions, the 31-year-old mom has developed a stronger desire to purchase an apartment in Beijing.
Due to a job transfer, Cheng and her husband moved to Beijing in 2018 from neighboring Tianjin Municipality where they tied the knot and obtained a mortgage to buy their first home. Since moving to the Chinese capital, the couple has been renting.
“We’ve been thinking about selling our Tianjin apartment and buying a new one in Beijing, but this way we will become second-time buyers, meaning we will need to make a higher down payment and.