Chinese buyers expand their reach in the US housing market


#1

Who says the Chinese buyers are gone? Fake news!


#2

Man these people are quick!

Olson has several Chinese clients whose children are already working at tech companies in California. Once they are settled, a parent will fly in from China with a down payment for a condo. That is happening now in other places.

For instance, Chinese buyers flocked to an open house in Long Island City in Queens, N.Y., just a week after Amazon announced it would open a new headquarters there.


#3

How are they able to get the money out of China? I thought there are new rules clamping down such purchases.


#4

What? Not in Malaysia?:grinning::grinning::grinning: