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Societal Arbitrage: Live in Tianjin and Work in BeijingTianjin is becoming an attractive option for purchasing housing for people who work in Beijing, but cannot obtain a Beijing hukou (a hukou is an identification that allows people to receive a particular city’s government resources, such as education and social insurance, and is based on where you were born; it is similar to a passport). Enticing such people to Tianjin will be the city’s more affordable housing prices, accessibility to transportation and the better quality of life.
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10 April 2014