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As home sales fall and local panic sets in, Chinese citizens appear to be ramping up their foreign real-estate investments. Even middle-class Chinese buyers are "searching for lower-priced homes ...
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China's middle-class investors lose appetite for overseas propertyStephen Yao travelled from southern China's Guangdong province to Thailand 32 times in 2017 and 2018 to help middle-class Chinese families invest in condominiums in Bangkok and Pattaya.
Signs are emerging that even middle-class Chinese have become so worried ... U.S., even if it meant my parents selling their apartment [in China],” she told Barron’s in a phone interview.
As home sales fall and local panic sets in, Chinese citizens appear to be ramping up their foreign real-estate investments. Even middle-class Chinese buyers are "searching for lower-priced homes ...
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