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In the Past Year, Chinese Investors Purchased $6.1 BILLION Worth of Property in The US

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PurpleSkyz

PurpleSkyz
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In the Past Year, Chinese Investors Purchased $6.1 BILLION Worth of Property in The US After Being Banned by Other Countries for Pushing Up House Prices
Date: July 29, 2022Author: Nwo Report 

In the Past Year, Chinese Investors Purchased $6.1 BILLION Worth of Property in The US Image-893


Posted BY: Julian Conradson

This week, a report by The National Association of Realtors (NAR) revealed that activity from foreign real estate buyers increased substantially for the first time in three years.


All in all, foreign citizens bought $59 billion dollars in US property in the past year; however, none were as aggressive with their funds as the Chinese, who spent a staggering $6.1 billion across fifteen different states in the US between April 2021 to April 2022 – which amounts to an increase of nearly 30% over the year prior.

With Biden in office, Chinese investors are gobbling up US houses at an alarming rate.

From the Washington Examiner:

Read more


https://nworeport.me/2022/07/29/in-the-past-year-chinese-investors-purchased-6-1-billion-worth-of-property-in-the-us-after-being-banned-by-other-countries-for-pushing-up-house-prices/

Thanks to: https://nworeport.me

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