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.
Wednesday 20 August 2014
"China's erite talget New Yolk lear estate"
My latest blogpost: "China's erite talget New Yolk lear estate"Tweet this! Posted by Mark Wadsworth at 09:38
Labels: China, Speculation, USA
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2 comments:
I understand the Chinese property balloon is on it's way down.
Perhaps money piling into the US is symptomatic of this?
BJ, get with the prot.
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