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Old 05-29-2016, 01:25 PM
 
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Quote:
Originally Posted by ToyYot View Post
Vancouver, London
I know about London but Vancouver too? Wow, they must be jumping ship over in China.

But someone said earlier Houston is on the list too?
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Old 05-29-2016, 02:31 PM
 
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They aren't jumping ship, they are diversifying their investments and stashing a lot of it in US real estate.
Not to mention, there is some shady sh&$ going on over there, so they need to bury their money outside of China.
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Old 06-08-2016, 12:47 AM
 
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Quote:
Originally Posted by philopower View Post
They're already here bud, they're investing mad money in multiple high rise condo projects.


On a sad note, my Facebook friend is now renting his newly sold home which he lived in from the Asian couple who bought the home, WITH A 50% INCREASE over his mortgage rate!! He still has to find a suitable home, which may be a huge ordeal in itself.
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Old 06-08-2016, 04:29 PM
JL
 
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Quote:
Originally Posted by radiolibre99 View Post
That's not a good thing. It's been pretty bad for California cities. I wonder why they're looking at Houston? Houston home prices don't have nearly the same level of appreciation as CA homes.
It's just to get their money out of China...don't think they trust their own government. Btw, Arcadia, CA has been bought already. Also, Russians are buying too. You will see even more of this for Houston.


https://www.youtube.com/watch?v=aoeUxzUR4ec

Last edited by JL; 06-08-2016 at 04:42 PM..
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Old 06-08-2016, 04:39 PM
JL
 
8,522 posts, read 14,583,288 times
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China-based developer breaks ground on $300M development in Pearland

China-based developer breaks ground on $300M development in Pearland - Houston Chronicle

Ivy District

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