Chinese are pouring money into 'super cities'

I'd like to be able to pour money into the Hong Kong real estate market.

Family in Vancouver are saying that people from China are coming in and paying cash for $3,000,000 houses. I guess they like Canada too, ey.
 
There will be more mainland Chinese coming to Irvine in the coming years mainly because they have no place to invest or park their money due to their government's restrictions on second or third home purchases in their homeland, and the recent relaxation of capital transfers to abroad.

I believe the Asians (particularly the Chinese & Koreans) will be Irvine's majority in 5 years or less. Is this a good or bad thing? I think good because real estate prices in Asian communities tends to hold up better than other areas during bad times.

So for those of us who are living or planning to move to Irvine, please embrace your fellow yellow neighbors even though they tend to stick to their own and speak a funny sounding language.
 
You must log in or register to reply here.
Back
Top