the Ministry of Education, the principle of “free admission to the nearest school” in the primary school and junior high school has been repeatedly mentioned and emphasized. On June 29, 2006, at the 22nd meeting of the Standing Committee of the 10th National People's Congress, the revised “Compulsory Education Law of the People's Republic of China” further restricts the “nearby”. Its Article 12 stipulated that local people's governments at all levels shall guarantee that school-age children and adolescents are enrolled in schools near the place where they are registered. As a result, school education not only associates with the housing location, but also closely links with the housing property rights and household registration. On January 28, 2014, the General Office of the Ministry of Education issued the “Notice on Further Improving the Free Admission to the Nearest School of Compulsory Education in Key Cities”. It emphasized that four municipalities directly under the central government, five municipalities with independent planning status, and 10 deputy provincial capital cities should formulate a plan to further standardize “free admission to the nearest school” of compulsory education in the next year. Economic consequences Generally, there has been a rise in real estate prices because of the "nearby enrollment" policy. Many developers and agents strongly promote the surrounding schools or even directly bring in the famous schools to increase the value of the neighborhood. School district houses have become the leading force in shaping the rise and fall of house prices. When there is a downturn in the real estate market, school district houses are central to holding up house prices and preventing public opinion from falling. The housing price of school district houses has become an indicator for the reasonableness of housing prices and an important support point for the real estate market. References Education in China