There is no East-West divide when it comes to the world of real estate.
In the wake of the financial meltdown, potential homebuyers and property investors in the U.S. grew skeptical of the market and felt the sting of deleveraging.
While the housing recovery has picked up, it’s well known investors are a major driver of new activity – and there’s one group ready to outspend the best of them: Chinese investors.
Real estate website BiggerPockets.com released a report on this particular segment of the real estate investment space. As Harrison Stowe reports China is expected to spend billions of dollars on American real estate in the coming years.