I hear the most difficult challenge about blogging is coming up with something interesting to write about. In my case, we have the opposite problem. It seems like every day there is a new headline about Chinese Investors making purchases in North America.
Today's headline is from 贝弗利山庄 Beverly Hills where CNBC reports that Chinese High Rollers Invest in US Real Estate.
A few highlights from the article:
"Yiu says they first started buying so-called "trophy properties" at the bottom of the market in the '90s, properties like the Beverly Wilshire Hotel and the Four Seasons in New York."
"Now, Yiu says, it's time to start buying again, even though the recovery is some years away, in his opinion. "We want to build not the time the market is picking up. We want to build a little bit in advance."
To complement the article, there is also a video. Just click on the image to view.
Comments(3)