Jorge Adot

Chongqing’s ‘nail house’ about to fight its last battle in Zurich - we make money not art A nail house is a Chinese neologism for homes belonging to people who refuse to move out and make room for estate development. The most famous case is the one of Wu Ping and Yang Wu who declined during two years to sell their house to the developers of a shopping mall under construction in Chongqing. The developers cut their power and water, and excavated a 10-meter deep pit around their home. The family turned down an offer of 3.5 million yuan (US$453,000), but eventually settled with the developers in 2007.

Chongqing’s ‘nail house’ about to fight its last battle in Zurich - we make money not art

A nail house is a Chinese neologism for homes belonging to people who refuse to move out and make room for estate development. The most famous case is the one of Wu Ping and Yang Wu who declined during two years to sell their house to the developers of a shopping mall under construction in Chongqing. The developers cut their power and water, and excavated a 10-meter deep pit around their home. The family turned down an offer of 3.5 million yuan (US$453,000), but eventually settled with the developers in 2007.