Back when I lived in Orange County a large percentage of the new homes were being bought by Chinese nationals. They would send their kids to college there and have them live in the homes they had purchased. Those homes weren't cheap either.
You should see what has happened now that they have discovered RIT's. The real estate investment trusts are full of Chinese money and own a lot of the rentals here. It's crazy
Back when I lived in Orange County a large percentage of the new homes were being bought by Chinese nationals. They would send their kids to college there and have them live in the homes they had purchased. Those homes weren't cheap either.
You should see what has happened now that they have discovered RIT's. The real estate investment trusts are full of Chinese money and own a lot of the rentals here. It's crazy