Young Chinese entrepreneur lives in converted double decker bus after selling flat to fund start-up
A young entrepreneur in eastern China who sold his home and moved into an old double decker bus, has transformed the vehicle’s interior into a cosy, well-decorated living environment, mainland media reported.
The 29-year-old from Hangzhou, in Zhejiang province, sold his apartment to free up cash for his business, the Qianjiang Evening News reported.
The man, a modern art graduate from a French university, returned to China in 2013.
Eager to start his own business installing art and sculptures, but lacking seed capital, he decided to sell the 100 square metre apartment that his parents had bought for him – without telling them about it.
His parents had provided 1 million yuan (HK$1.13 million) as a down payment for the flat and he was paying off a monthly mortgage of 4,000 yuan for it.