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China takes Manhattan

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27 Aug 2014 10:49 #209755 by ketchim
Owning a home on US soil is no longer only an American dream.

Increasingly, buyers from China are snapping up luxury property in America, :

particularly in high-priced markets like New York.

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27 Aug 2014 10:50 #209756 by ketchim
A room with a view of New York appeals to Chinese buyers  ;)

                   

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27 Aug 2014 10:51 #209757 by ketchim
Cynthia Liu, 26, grew up in Beijing but now works in Manhattan, where she recently bought

a spacious one-bedroom flat in a high-rise with a view of the city's famous skyline.

                       

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27 Aug 2014 10:53 #209758 by ketchim
The National Association of Realtors reports that the Chinese invested $22bn

in American residential real estate in the year ending in March :

a 72% increase from the year before.


This is a mind blowing number  ;)

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27 Aug 2014 11:10 #209763 by ketchim
According to the Shanghai research firm Hurun Report :

64% of Chinese individuals with a net worth of more than $ 3m :

are either emigrating or planning to do so....

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27 Aug 2014 12:28 #209801 by ketchim
Nexx ting yuh know :

China Town relocate from San Fran  :P


Meseret and Cappo gonna travel inna pack Chinee subway

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  • wulfman
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27 Aug 2014 14:02 #209815 by wulfman
Chinese people are big in numbers and they are pretty hard working and intelligent. I lived in a posh area in NY years ago. The entire neighborhood was Jewish . My family was the only Indian family. We moved about a year ago. 80% of the houses were owned by Oriental people when we moved.

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27 Aug 2014 14:18 #209820 by ketchim
Did you Folks hire servants from India ?  :-\

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27 Aug 2014 14:27 #209826 by wulfman

When we were younger we had a nanny from India. After that no we could not afford to keep servants. We weren't rich like our Jewish neighbors. I currently am in India now and living a happy life. I don't know if I will go back to NY in the near future.

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27 Aug 2014 16:37 #209842 by ketchim
Cool !

I may go back to Guyana as well  ;)

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