fbpx
Connect with us

News

Chinese Real Estate Agent Marries His Clients Just to Help Them Buy Homes

Published

Chinese Real Estate Agent Marries His Clients To Help Them Buy Homes - World Of Buzz 2

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

It looks like people would really do anything for money!

In a report by SCMP, a property agent from Shanghai has recently revealed that he got married and divorced four times!

All just to help his customers buy apartments in the city.

According to Shanghai’s residency rules, people who aren’t from the city can buy up to two apartments if they are married to a resident.

The 30 year-old agent named Wang is a registered resident of Shanghai and has resorted to marrying some of his customers in order to make sales.

He has reportedly done this four times and the oldest customer he has ever married was 70 years old. 

His customers would reportedly marry him, buy apartments from him, and quickly get a divorce as soon as Wang transfers the property to their name.

Recently, Chinese banks have been encouraged to crack down on people rushing to get divorced in order to go around second-home purchase rules, as reported by SCMP.

Apparently, the minimum downpayment ratio required of people looking to buy a second home in China has gone up to 80 percent, while the ratio on first time buyers is only 35 percent. 

Chinese people who have recently divorced, up till recently, were able to buy homes as first-time buyers, making them pay less for downpayment. However, recent measures taken by China’s banks have closed this loophole.

Well, in this unfortunate society, a lot of people are willing to do anything for money right?

Also read: My Time As A Fake Boyfriend To China’s ‘Leftover Women’

My Time As A Fake Boyfriend To China's 'leftover Women' - World Of Buzz


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Beach Park Ft Beach Park Ft
News3 hours ago

Penang Beach Park Forced To Shut Down After Thousands Of Visitors Were Spotted

A beach park in Penang, Taman Rekreasi Pantai Robina (also known as Robina Eco Park), has been forced to shut...

Mitsubishi Mitsubishi
News4 hours ago

M’sian Man Who Drove Against Traffic & Killed 2 Teenagers Charged With Murder

The driver who drove against traffic and killed two teenagers on 12 September has been charged with murder at the...

Kk Kk
News6 hours ago

Mount Kinabalu & Other Tourist Sites Reopened To Fully Vaccinated Individuals Starting 16 Sept

It’s finally time for fully vaccinated individuals to gear up as Mount Kinabalu is now open to the public for...

Collage 3 5 Collage 3 5
News8 hours ago

523 Covid-19 Positive Individuals & Those Ignoring Home Quarantine Identified In Kedah

After more than a year of fighting the pandemic, some people are still violating the SOPs by endangering the lives...

Ppcc Ppcc
News10 hours ago

PM: B40 Households To Receive Self-Test Kits & Oximeters From Govt In Covid-19 Care Package

Prime Minister Datuk Seri Ismail Sabri Yaakob announced yesterday (19 September) that the government will allocate over RM471.6 million to...

Khairy Jamaluddin Booster Shot Khairy Jamaluddin Booster Shot
News11 hours ago

KJ: Booster Shots Expected To Be Given To High-Risk Groups Starting October

Many countries have started giving booster shots to their citizens and it seems like Malaysia is next to follow suit....

Wee Ft Wee Ft
News1 day ago

Transport Minister: More Public Transport Expected To Operate At Full Capacity Next Month

As Malaysia moves into the Covid-19 endemic phase, more public transport is expected to operate if domestic tourist destinations are...

Rnr Rnr
News1 day ago

Almost All R&Rs Along PLUS Highway Have Reopened, Those Fully Vaccinated Allowed To Dine In

As Klang Valley moves on to Phase Two of the National Recovery Plan (NRP), more rest stops (R&R) have also...

Announcement

Latest Videos



TRENDING TODAY