Chinese investors scout U.S. properties

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11/21/2009From the BiggerPockets Blog: What Does Buying a Home “As is” Really Mean??

Real Estate Links » Housing

8 votes

Josh_head_profile_preview_profile_preview_comment_thumb Posted By: Joshua Dorkin, 9 months ago (Report Spam)
Category: Housing / Type: News
Source: business.theglobeandmail.com

The ultra-rich Chinese are taking advantage of the flailing US housing market and have begun to scoop up properties for investment purposes.

Comments

At 11:12AM on November 08, 2009 - Jon Klaus said...

As the dollar continues to weaken and the Chinese economy continues to grow (9% last quarter), I expect their spending spree to grow.