They think this is a good place to park money, and it's less expensive than the real estate back home." A recent National Association of Realtors study estimated that foreigners and immigrants who've lived here less than two years spent $82.5 billion on U.S. homes in the 12 months ended March 31. That's about 9% of the total paid for all U.S. housing purchases during the period.
4 Top Real Estate Markets for Foreign Buyers
By Biff Baxter Follow Wed, 7 Nov 2012, 12:17pm 411 views 3 comments
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A recent National Association of Realtors propaganda -- not study.
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Buy now or be priced out forever by wealthy Chindians? Well, Americans did it to the rest of the world for decades so I guess it is only fair that someone else gets their chance lol.
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bmwman91 says
If I remember correctly, the Mr. APOCALYPSEFUCK said it's:
"Wealthy Gay Chindians' who will forever price us out of the market.