In recent years, China’s government has been sticking to the principle that houses are used for living in and not for speculation, thus imposing restrictions on domestic real estate transactions by means of limited purchase, property tax, and higher lending rates.
This has pushed China’s home buyers and investors to shift their attention to overseas real estate markets. As a result, China replaces the US and as the world’s largest source of cross-border real estate investors, according to the 2019 H1 Global Cross-Border Real Estate Investment Data Report released by uoolu.com.
Read more: https://www.bangkokpost.com/business/1827414/why-southeast-asian-real-estate-markets-remain-attractive-to-chinese-investors
This has pushed China’s home buyers and investors to shift their attention to overseas real estate markets. As a result, China replaces the US and as the world’s largest source of cross-border real estate investors, according to the 2019 H1 Global Cross-Border Real Estate Investment Data Report released by uoolu.com.
Read more: https://www.bangkokpost.com/business/1827414/why-southeast-asian-real-estate-markets-remain-attractive-to-chinese-investors
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