
At a brand new housing development in Irvine, Calif., some of America?s largest home builders are back at work after a crippling housing crash. Lennar, Pulte, K Hovnanian, Ryland to name a few. It?s a rebirth for U.S. construction, but the customers are largely Chinese.
?They see the market here still has room for appreciation,? said Irvine-area real estate agent Kinney Yong, of RE/MAX Premier Realty. ?What?s driving them over here is that they have this cash, and they want to park it somewhere or invest somewhere.?
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