The Chinese couples these days have been faking divorce as a ploy in a desperate attempt to skirt the nation’s property curbs. But this family from Lishui has taken it to the next level by tossing through 23 divorces and weddings in a month.
The tactic was aimed so that a greater compensation is availed when their house was demolished for new development. Under the property rue, each member of the household would be entitled to 40 square meters of space in the new development.
As per a city’s official newspaper, the case started when Mr. Pan, who lived in the house and had remarried his ex-wife, allowed her to qualify for the compensation plan. Adding to the plan, two weeks later, he divorced her and married his sister-in-law.
The newspaper report added, the plan went with each new family member adding and enlarging the amount of space to be awarded as compensation. However, the government authorities discovered the house suddenly was home to 13 people and promptly arrested 11 of them.
According to data provider, the would-be home buyers have to navigate a shifting array of property curbs, it’s probably more understandable given home prices in Lishui have surged as much as 31% in the past two years.