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Chinese top foreign buyers of US homes in 2015

Between 2010 and 2015, at least US$93b went into US residential real estate while more than US$17b was invested in US commercial property, says study

Published Mon, May 16, 2016 · 09:50 PM
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Washington

CHINESE nationals became the largest foreign buyers of US homes last year as they pour billions into American real estate, seeking safe offshore assets, according to a new study on Sunday.

A huge surge in Chinese buying of both residential and commercial real estate last year took their five-year investment total to more than US$110 billion, according to the study from the Asia Society and Rosen Consulting Group.

The sheer size of that total has helped the real estate market recover from the cra…

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