Stock & Land - news, classifieds & community
Melbourne Weather - Sunny
Now
Max
Melbourne, VIC
Sunny
 

Chinese couple stay put: it's their way or the highway

24 Nov, 2012 03:00 AM
Comments
0
 

EXCLUSIVE location. Close to transport. Lots of room. Unique view.

For once, all those tired real estate cliches are accurate.

Luo Baogen and his wife have refused to move out of their five-storey apartment block to make way for a highway in Wenling, in China's Zhejiang province.

So the apartment block now serves as an unusual roundabout, surrounded by a multilane highway which, when complete, will lead to Wenling railway station.

International media have picked up on the Baogen family's stance, quoting the People's Daily, which reported the couple were not happy with the compensation they were offered to move out.

Their neighbours have moved on, leaving much of the building empty. Several reports said changes in private ownership laws in China have made it harder for residents to be forced out of their homes.

The family are not the only ones in China to put up such a fight.

The London Daily Mail reported Hong Chunqin, 75, and her husband, Kung, residents of Taizhou, in Zhejiang province, had made a similar decision this year to stay in a building that now sits in the middle of a multilane road.

The family initially accepted compensation, but then changed their minds.

Fairfax Media

SMH

COMMENTS

light grey arrow
Sorry Chops, but the reality is already here, we have been relegated to a nation of price takers
light grey arrow
I am in Dubai at the moment staggered by the price for Australian beef at any one of hundreds
light grey arrow
Rob an underpinning principle of a spot market that needs to be embedded is that the producers