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Chinese woman buys 196 parking spots, residents sue her

short by / on Monday, 12 October, 2026
A woman in China bought 196 parking spaces for 14 million yuan ($2 million), betting on a residential community's growth. As demand surged, she doubled rental rates and listed spaces for up to 80% above their original values. Furious residents sued her, arguing she monopolised essential infrastructure. However, a court ruled in her favour.
read more at Asianet Newsable