DigiNepal
Chinese woman snaps up nearly 200 parking spaces to flip to neighbours for profit
Chinese woman snaps up nearly 200 parking spaces to flip to neighbours for profit
A woman in central China invested 14 million yuan (US$2 million) to acquire 196 parking spaces in a residential community, later selling them at a significant mark-up, which led to furious residents suing her. The lawsuit centred around a residential block, the name of which was not disclosed, located in Changsha, Hunan province. The property project was completed and put on the market in 2018.…