Fu Liang pulls his battered car alongside Golden Lakeshore, a collection of luxury villas whose salesroom, outfitted with chandeliers and velvet furniture, evokes a nouveau riche fantasy of Tuscany.
“This is where my farm was,” he says.
The villas are out of Mr. Fu’s price range. In December 2010, when he says a campaign of harassment drove him off the small plot where he ran a fish farm, the local government paid Mr. Fu just nine yuan ($1.45) a square meter for it.
The plot was quickly resold for 640 yuan per square meter to a developer, a national database of land transactions shows. The developer has built villas that sell for 6,900 yuan a square meter.
Read Full Article HERE
Tom Orlik, Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/_7XEYQghjr0/
No comments:
Post a Comment