LitaWrites (real_lawyer) wrote,
LitaWrites
real_lawyer

Nihao Zui De Di*

While eating lunch yesterday, I read an article entitled “Chinese property hunters to raid US” in the Financial Times.  More than half-way through this recital of a Chinese real estate website’s organization of a trip for investors to view properties in California and Nevada, these words caused my lunch to do a few somersaults in my stomach:  Property professionals say there is considerable interest among wealthy Chinese, who often hold a high proportion of assets in property, in investing abroad.

“The US market absolutely terrifies me,” said one Shanghai-based real estate executive. “However, there are plenty of people here who think this a great time for bottom-fishing.”

 

*你好从底部—Hello from the bottom!

 

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