Chinese property buyers are on a foreign spending spree in the worlds most sought after cities. From New York’s Manhattan to Sydney Harbour, real estate is seen as a safe way to stash money and a ticket to permanent residency. 660 billion dollars in Chinese personal wealth sits offshore and in this episode of 101 East by Al Jazeera, drew Drew Ambrose asks if Chinese home buyers are a force to fear?
1 Comment / User Review
No person should be allowed to own more than one property.