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Chinese buyers grab up US homes as Americans struggle to own But a Fox Business report indicates that your fellow American isn’t the only one you’ll have to compete with if you want to settle down Chinese and other foreign investors are snapping up
Research indicates foreign investment in U. S. real estate has . . . According to the paper, the increase in local housing demand due to the surge of Chinese investment raised local housing values The homeowners’ greater wealth gave them more buying power, and they bought more local goods and services That created and sustained more local jobs, Shen said
Chinese buyers lead foreign investment in US housing market More than $7 billion of that is by the Chinese, who are now the second largest foreign home purchasers after Canadians They're buying high-end, multimillion-dollar homes from California to New