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eigenrobot Retweeted eigenrobot
wonder whether the overseas Chinese owners managed to exit, generallyhttps://twitter.com/eigenrobot/status/1233970266297864192?s=19 …
eigenrobot added,
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Replying to @eigenrobot
Uh, remember a year ago when 50% of Chinese capital in RE exited the US?
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Replying to @eigenrobot
There's an FT article that now requires login, and this (which talks about overall Chinese investment in the US dropping 90% since 2017.) https://markets.businessinsider.com/news/stocks/china-investment-us-drying-up-poor-states-michigan-lose-out-2019-7-1028371155 …
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Replying to @moritheil @eigenrobot
"The purchase of homes in America by Chinese buyers fell by 65% in the year [2019] to March."
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hmm investment dropping, but were there net outflows?
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Replying to @eigenrobot
"There were [2018] property acquisitions worth $2.3 billion, but $3.1 billion of commercial real estate was sold." Looks like it.
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