Chinese buyers pullback dramatically in buying U.S. real estate: foreign purchases drop by 36% and the results will be magnified in prime areas of California.

Apparently there is a limit to how many houses Chinese investors can purchase in the U.S.  Foreign real estate purchases largely driven by Chinese investors plunged by 36% as internal controls in China made it harder to move money out of the country and trade war talks are having an impact in this sector.  While […more]

Posted in: San Diego