What do you get when you mix an insatiable appetite for expansion with a boatload of cash? China! Coming to a neighborhood near you.
With confidence in their hometown markets fading, Chinese investors are continuing to throw billions of dollars at United States real estate.
In the first half of this year, companies with Chinese backers accounted for $5 billion worth of U.S. real estate purchases, according to the Wall Street Journal.
Read Sean Stewart-Muniz’s The Real Deal article here:
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