Who Makes the ‘GREAT’ Chinese Buyer Being Famous in the World?

As Xinhua News Agency reported on Nov. 17, a new group of investors, Chinese rich people, have successfully pushed the property price in American Silicon Valley to a new record.   It shows the average price has raised 27% with two years and the best property dealer can earn 1600 millions US dollar within one and half year.  This is another amazing investment record made by Chinese rich people so no wonder we shall ask: who makes the great Chinese buyer rushing to do investment abroad?

 

First of all, there’s a great amount of Chinese people who accumulated their wealth easily and directly from the boom of Chinese property market within such a short time.   And this ‘easy-money-maker’ way has become their only way to investment partly because of the lack of a solid economic knowledge background.  So when Chinese government tightened up the domestic property investment policy, those investors were undoubtedly ‘forced’ to change their their investments direction to the overseas property market.

 

Meanwhile, the unsteady policy situation in China has also become another reason for Chinese rich men to build a ‘back-up’ plan for their money safety and future life.  The marvelous number of Chinese overseas migration tells the story to the whole world.

 

Also there is another obvious reason for the overseas property purchase which is the huge difference in value of price.  If you can buy an 300 square meters house with beach view in America, the price of which just equals to an 80 square meters apartment with traffic jam and air pollution in China, who can say no the the house then?

 

In my opinion, Chinese people will continue their overseas investment action and make a greater and greater influence in the whole world.  Let’s wait and see.

 

 

Resources:  http://finance.sina.com/bg/economy/sinacn/20131107/1714898429.html

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