Shanghai Real Estate Agent Marries Clients to Help Them Purchase Property

By Rachel Deason, April 6, 2017

0 0

Who says love is dead?

A Shanghai real estate agent, surnamed Wang, claims he has gotten married and divorced four times to help clients purchase property. Shanghai real estate laws stipulate that individuals from outside the city cannot buy a home until they have been paying social insurance or tax for five consecutive years.

To help his clients get around this law, Wang, a resident of Shanghai, would marry them, making it now legal for them to buy a home.

Once the transaction was finalized, the couple would divorce, with the house left in the client’s name.

How much does it cost to hire this agent who goes above and beyond for his clients? Wang claims he charges between RMB60,000 to RMB80,000 per charade. 

[Image via The Star]

more news

Chinese Netizens React to Proposal for PE Inclusion in 'Gaokao'

Giving PE equal footing with subjects like Chinese and math in terms of grading may address the growing obesity rate among students.

11 Mother’s Day Gifts to Show Your Love

With Mother’s Day upon us, we’ve rounded up some great gift ideas for all the hardworking supermoms out there.

Marriage Rate Dropping in China, 200 Million Adults are Single

What’s this mean for birth rates in the Middle Kingdom?

This Music Video Is an Ode to Anyone Who’s Ever Fallen in Love with China

We recently caught up with the man behind the project to chat about his newest song and the challenges of creating music that bridges cultures.

Trump's Huawei Ban is Now Impacting Shenzhen's Housing Market

Shenzhen housing market slows in midst of the US-China trade war.

Guangzhou Party Queen Gwenpire Talks 'Club Love'

If you don’t know Gwen, otherwise known by her social media persona Gwenpire, you’re not partying right in Guangzhou.

Mother Fakes Son's Disappearance in China to Test Dad's Love

Authorities believe the incident was the result of a less-than-healthy relationship between the boy’s parents.

WATCH: Woman Rejects Lamborghini Proposal in China

Love unrequited is always a sorry sight.

0 User Comments

In Case You Missed It…

We're on WeChat!

Scan our QR Code at right or follow us at thatsonline for events, guides, giveaways and much more!

7 Days in China With thatsmags.com

Weekly updates to your email inbox every Wednesday

Subscribe

Download previous issues

Never miss an issue of That's Magazines!

Visit the archives

Get the App. Your essential China city companion.