Chinese cash buyers have been primery engine of housing price growth in US, Canada and Australia. Looks like this trend is reversing. Chinese are very smart and know when to take profit. https://www.cnbc.com/2019/07/17/foreign-purchases-of-american-homes-plunge-36percent-as-chinese-buyers-flee.html
Time to start buying up the ghost towns in China. The next hot market!!!
Lol
Lol at the trump effect. Knowing the mainlanders mind they couldnโt wait to send their money out to the likes of US, Canada, Australia and the UK if they have the means to do so. They could care less whoโs head of state in those countries. Last thing they want to do is keep their money in the PRC due to instability with any sudden regime changes. The biggest factor was tighter control of pulling money out. Two friends that I know whose parents are still in the PRC said they used to send a person out as an โemployeeโ to the US to put money in properties, invest in restaurants or other tangible assets as a way to pull their money out several years ago and has continued. Probably closing that loophole.
Fuck yes
Reality China is getting poorer
Why is no one mentioning that Canadians make up just as high a percentage of foreign buyers as Chinese? We should kick the Canadians out too.
Was that Chinese scammers ?
AMA
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I have worked at TikTok US core tech for 3 years. AMA.
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Has Google lost its soul?
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Why Pronouns shit captured US ? I donโt see this anywhere else
Nice trolling.