Chinese cash going into global real estate markets

2015-09-18
China

A crashing China stock market is causing many Chinese to buy overseas real estate. In particular, Chinese are buying more US houses.  Based on an article published by EyeWitness News in September 2015, Chinese buyers are now even more active in cities such as New York, London and Sydney. This interest of Chinese to invest in the US real estate market occurs across both residential and commercial sectors.  While the article does admit that Chinese are often planning for a long time before buying a house in the US, there is no reason to believe that their interest will slow down. The reasons are well know - stability of the US real estate market is a key factor driving their decision to invest in US housing.  Furthermore, keeping money in the bank will not generate much return at the moment.  Chinese citizens realize that an investment overseas could be a much better investment than anything else at the moment.

The entire article can be read here.

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