Chinese investors maintained their leading position regarding dollar sales for the fourth consecutive year by spending a record high $31.7bn (£24.1bn) on residential properties in the US in 2016, fresh data shows. The figure was over 10% higher than the $28.6bn (£21.8bn) spent by Chinese investors in the sector in 2015, according to the National Association of Realtors (NAR).
Patty Chen with Harvard College Dean- Rakesh Khurana 陈艺平与 哈佛大学本科学院院长Rakesh Khurana
with Harvard Medical School professor -Sanjiv Chopra at his Happiness Seminar 与哈佛医学院教授 Sanjiv Chopra在他的幸福研讨会上.
Featured over 100 speakers including Hank Paulson, Stephen Orlins, Lei Jun, Mark Cuban, Arianna Huffington, Pan Shiyi, Guo Guangchang, Cho Tak Wong, Yan Geling and 800 attendees participanted in stimulating dialogues on opportunities and challenges facing US and China.
2017年4月, 哈佛中国论坛 2017- 共享未来之路
Patty Chen with Author and Scriptwriter at HCF 2017 陈艺平与作家严歌苓
Over the past few years Chinese investors have targeted major coastal cities such as San Francisco and New York City, but an article in Housingwire.com highlights a change in preferences due to these markets failing to produce significant returns.
Now a second wave of investors from China has begun to alter their investment strategy. Thanks to greater access to information and data, these investors have discovered that assets with higher yields are to be found well away from these major cities. Originally, these primary and often prestigious markets had been targeted because they were often familiar vacation destinations, or investors already had friends or family living in these areas. Foreign investors looking to purchase in the cities were after property for vacation use, or that they could leave to their children or simply as a safe haven from the Chinese economy.
Chinese investment in the U.S. real estate market has surpassed $300 billion and is growing despite China’s economic weakness and increased currency control.
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