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Woman in China snaps up nearly 200 parking spaces to flip to neighbours for profit

SHANGHAI: 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 Star MalaysiaAlice Yan查看原文 ↗
中国一名女子买下近200个停车位,转手卖给邻居牟利。

SHANGHAI: 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.

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