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NYT: Chinese Cash Floods US Real Estate Market

2015-11-30 19:45:24| Real Estate - Topix.net

Chinese property buyers are flooding the U.S. with cash as they seek investments that are more stable than the volatile stock markets of Shanghai and Hong Kong. Chinese buyers spent $28.6 billion on American homes in the year ended in March, more than double their purchases two years before, according to the New York Times , which cites data from the National Association of Realtors.

Tags: real estate market chinese

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