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Chinese Stock Market Toil & The U.S. Housing Market

The Chinese stock market toil may directly affect the U.S. housing market. Chinese money has been poured into all types of markets across the U.S., from New York luxury penthouses to Malibu beachfront villas. But, will China’s recent turmoil result in an increase or decrease in cash investment in the U.S.?   “China is investing into U.S. real estate with a long-term view — for diversification and safety in times of uncertainty,” said John Burns, a real estate consulting expert. “A 30 percent stock correction, after a 150 percent skyrocket will not ...

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23 Jul 2015