Chinese investors avoiding areas with many rent regulated apartments

In 2014, around 6 billion USD flowed from China to the US real estate market, and three-fourths of which are invested in Manhattan. In spite of the aggressive investment spree, it does have limits. These buyers avoid investing in areas with many rent controlled units. And this trend will continue in the near future, as foreign investors, including Chinese people, are not familiar with the city's rent stabilization laws. However, the Chinese cash inflow towards New York City is expected to continue and reach 50 billion USD over the next few years. The full article could be read here.