Who says the Chinese buyers are gone? Fake news!
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.
How are they able to get the money out of China? I thought there are new rules clamping down such purchases.
What? Not in Malaysia?