Low rent in exchange for elderly care volunteers

New policy in Hangzhou allows young people to enjoy low rent by offering eldly people 20 hours of service per month. [from IC]

Flinching from high rent? Now young generations in China may have a new way out of the problem. A home for the aged in Hangzhou, Zhejiang Province has caught considerable attention recently for its incredible low leasing price.

As announced by the institution, young people who are willing to volunteer and accompany senior citizens pay only 300 yuan (less than 45 US dollars) per month to lease a 30 square meters apartment within the community. As reported, the lease would be about 2,000 yuan (300 US dollars) lower than average market price.

In return, the young tenants will be required to volunteer at least 20 hours per month towards looking after elderly people.

A batch of 14 young tenants, four men and ten women, recently moved in, in May.

Leasing contracts are released every six months with limited numbers.

Take a listen to the discussion on Studio+, a talk show produced by China Plus. Presenters are Li Ningjing and Ryan Price.