4 Top Real Estate Markets for Foreign Buyers

By Biff Baxter   follow   Wed, 7 Nov 2012, 4:17am PST   ↑ Like   ↓ Dislike   888 views   3 comments   Watch (0)   Share   Quote  

http://www.thestreet.com/story/11756255/1/4-top-real-estate-markets-for-foreign-buyers.html?source=Patrick.net

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.

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bubblesitter   befriend (5)   ignore (3)   Wed, 7 Nov 2012, 6:27am PST   Like   Dislike     Share   Quote   Comment 1

A recent National Association of Realtors propaganda -- not study.

bmwman91   befriend (7)   ignore (1)   Wed, 7 Nov 2012, 8:28am PST   Like   Dislike     Share   Quote   Comment 2

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.

David9   befriend (4)   ignore (0)   Wed, 7 Nov 2012, 8:41am PST   Like   Dislike     Share   Quote   Comment 3

bmwman91 says

wealthy Chindians?

If I remember correctly, the Mr. APOCALYPSEFUCK said it's:
"Wealthy Gay Chindians' who will forever price us out of the market.

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