Chinese investors seek property bargains in the U.S.

A fascinating article in the Los Angeles Times investigates a recent trend: cash-rich Chinese investors touring U.S. neighborhoods for housing bargains. International investors are nothing new to the U.S. market. However, these latest groups are coming in caravan-style tours, making a much greater impact than the typical individual investor or family. Each group is hoping to capitalize on falling prices in the hardest hit markets, like Los Angeles and Las Vegas.

View the complete property description on LATimes.com.

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