Pedestrians stand in front of Victorian homes and the downtown skyline in San Francisco, California. Chinese investment in US homes fell in the past year. Photo: Bloomberg
Chinese investment in US homes contracts by the most in nearly 10 years as trade war, capital controls bite
- Chinese investment fell 56 per cent against a 36 per cent drop in overall foreign purchases
- Chinese purchases of US$13.4 billion made them the top buyers of US homes
Pedestrians stand in front of Victorian homes and the downtown skyline in San Francisco, California. Chinese investment in US homes fell in the past year. Photo: Bloomberg