Rich Chinese invading US real estate market

July and August were very volatile months for the China stock market.  Massive losses occurred causing a major capital outflow. One of the major destinations of this capital is the US real estate market.

Many US brokerage firms are reporting a significant increase of Chinese buyers looking for US homes which they consider safe investments.  Over the last few years, Chinese have become the dominant foreign buyer of US housing - this was primarily because of education, immigration and investment reasons. Now, the China stock market is pushing many more investors to look at the US real estate market.  While some are concerned that the money might dry up due to the volatile stock market, the majority seems to believe that the capital outflow will accelerate. Read the full article here as published in RealtyToday.