Thanks Thatha

[jefferson1]

Foreign purchases of American homes plunge 36% as Chinese buyers flee the market

 

• he dollar volume of homes purchased by foreigners from April 2018 through March 2019 dropped 36% from the previous year, according to the National Association of Realtors.
• Foreigners bought 183,100 properties with a total value of about $77.9 billion, down from 266,800 properties valued at $121 billion a year earlier.
• “The magnitude of the decline is quite striking, implying less confidence in owning a property in the U.S.,” the Realtors’ chief economist says.

 

https://www.cnbc.com/2019/07/17/foreign-purchases-of-american-homes-plunge-36percent-as-chinese-buyers-flee.html

 

 

[LazyRohit]

GP

[snoww]

MAGA 

[jefferson1]

1 minute ago, snoww said:

MAGA 

chinese vallu paripothey house konedi evaru..

relators ki bokka

[snoww]

7 minutes ago, jefferson1 said:

chinese vallu paripothey house konedi evaru..

relators ki bokka

chinese government restrict sesthundi citizens overseas investments ani vinna. 

[snoww]

3 minutes ago, snoww said:

chinese government restrict sesthundi citizens overseas investments ani vinna. 

china lo you cant own home for ever even if you are owner. after 70 years of buying property government takes over your property.  anduke canada usa real estate meeda paddaru chinki gallu. 

[Spartan]

5 minutes ago, snoww said:

china lo you cant own home for ever even if you are owner. after 70 years of buying property government takes over your property.  anduke canada usa real estate meeda paddaru chinki gallu. 

alage free ga istundi kuda...

[Spartan]

Chinkis fleeing to Toronto..

akkada un-occupied for 1 year unte...they need to pay fine of 1% of market value of the property..

konesi alage vadilestunnaranta properties...

[ekunadam_enkanna]

That's good for Americans. 

[snoww]

4 minutes ago, Spartan said:

alage free ga istundi kuda...

I know they don't have to pay property taxes. But not sure If they give homes for free. 

[Spartan]

6 minutes ago, snoww said:

I know they don't have to pay property taxes. But not sure If they give homes for free. 

they do per family , usually to make more out of it...families are getting seperated..as each family gets one.

ma offshore team lo ne unnaru millionaires who got homes right in the downtown bejing..

naam ke vaste jobs chestunnaru.

[user789]

27 minutes ago, snoww said:

chinese government restrict sesthundi citizens overseas investments ani vinna. 

It’s been since a while. Nothing new

[user789]

37 minutes ago, jefferson1 said:

chinese vallu paripothey house konedi evaru..

relators ki bokka

Desis 

[jefferson1]

7 minutes ago, user789 said:

Desis 

mana valla daggara anni dabbulu undavu kada

 

chinese pay cash upfront total and buy it...manollu loan ki potharu

[snoww]

3 minutes ago, jefferson1 said:

mana valla daggara anni dabbulu undavu kada

 

chinese pay cash upfront total and buy it...manollu loan ki potharu

manollu India lo kooda inevest sestharu baaga

chinki gallu seyyaru akkadi government meeda bayam tho