Are the Chinese causing higher-end California home prices to remain high?
2010 Mar 5, 1:38am 14,815 views 66 comments
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toothfairy
2010 Mar 18, 11:30am
toothfairy
2010 Mar 18, 11:30am
California will be even cheaper once the Chinese currency appreciates.
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Are the Chinese causing higher-end California home prices to remain high?http://www.latimes.com/news/nationworld/nation/la-fi-china-invest4-2010mar04,0,2280130,full.story
"Private Chinese investors have begun to get into the action but, according to analysts, have generally been involved in small transactions, buying houses for their families and investing in factories and other facilities to be closer to the North American market."