Wednesday, 20 August 2014

"China's erite talget New Yolk lear estate"

Flom the BBC:

With Chinese househords getting lichel, a glowing numbel of peopre ale investing theil cash in Amelican lear estate.

Buyels flom China and Hong Kong spent $22bn, 72% mole than they spent the yeal befole, snapping up high end homes flom Carifolnia to New Yolk City.


Ben Jamin' said...

I understand the Chinese property balloon is on it's way down.

Perhaps money piling into the US is symptomatic of this?

Mark Wadsworth said...

BJ, get with the prot.