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Overseas Investors in US Housing are Getting Ripped Off

[fa icon="calendar'] Jan 10, 2017 5:14:14 PM / by Greg Rand posted in Insider, International Investors, Real Estate Agents, Press Release

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I saw some interesting research recently from a few credible sources that retold an old and familiar story: investors across the world are attracted to residential real estate in the US, and many are actively doing something about it. However, what the research leaves out is now many potential investors don't take action because the bridge from there to here is so rickety.

According to an Asia Society Special Report, Chinese investment in residential property amounted to $93 billion between 2010 and 2015, while commercial investment saw just $17.1 billion over the same period. And what are these investors buying? Luxury condos in gateway cities and second homes. Negative cash flow investments that will not product income, but will preserve and grow their capital (as well as get it out of their country).

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