Over the last 5 years, Chinese nationals have invested over $150 billion into the U.S. housing market, pouring in $28.6 billion in 2015 alone. Supplanting Canadians, Chinese are currently the biggest foreign buyers of American homes. While Chinese buyers purchase both residential and commercial properties, $23 billion was spent in commercial real estate and $127 billion was paid for housing – helping the recovery of the U.S. housing market. Real estate investment worldwide by Chinese investors is predicted to continue and total $450 billion annually by 2025.
Chinese Investment Soars.
by kramoltz@hotmail.com | Jan 30, 2017 | Global Buyers + Foreign Investment | 0 comments