Chinese money rushing into U.S. residential real estate
Al Jazeera America ^ | 12/18/2013 | by Duarte Geraldino
Posted on Sunday, January 12, 2014 3:01:29 PM by SeekAndFind
Read more @ Chinese money rushing into U.S. residential real estate | Al Jazeera America [certainly not a right-wing publication!]
Seems quite clear and makes sense when one realizes that a lot of property here in Vegas is being bought up for cash by foreign buyers. Are we selling our country off to the Chinese?
Al Jazeera America ^ | 12/18/2013 | by Duarte Geraldino
Posted on Sunday, January 12, 2014 3:01:29 PM by SeekAndFind
New York) The strong recovery of the housing market is attracting international buyers in record numbers reaching $82 billion in 2012. The National Association of Realtors (NAR) reports that after Canada, the Peoples Republic of China (PRC) shows the strongest demand for U.S. residential property.
Read more @ Chinese money rushing into U.S. residential real estate | Al Jazeera America [certainly not a right-wing publication!]
Seems quite clear and makes sense when one realizes that a lot of property here in Vegas is being bought up for cash by foreign buyers. Are we selling our country off to the Chinese?