Wendy Zhang/ Shanghai Daily news

Locals are choosing to live near to family members, the Shanghai Morning Post reported today. It is a distinctive feature of Shanghai's real estate market.
As of August, after a temporary slowdown in the real estate market, local housing trading and average prices began to increase, with 3.94 million square meters of new housing traded last month. The average price of the trades was up 111 yuan from July.
Home buyers lined up for the more than 20 new properties introduced last month, with many buying properties near their own homes for family members.
"I bought two apartments in the same residential quarter: one for myself and one for my mother-in-law," said a home buyer, adding that she will purchase another one for her son later. "We can take care of each other more conveniently," she explained.
Many locals are preferring to live close by while keeping some distance from their relatives, so living in the same residential quarter is a good option, said an industry analyst.
Real estate developers are focusing on designing various housing models to satisfy the demands of people of all ages, with entertainment sites specifically for both young and elderly residents.