Re:For Chinese Home Buyers, Seattle Is the New Vancouver
by em500 on Monday May 08, 2017 @04:42AM
(#14290102)
1) You don't get citizenship, but your kid(s) likely will, after they study and get a job there.
2) There are many native Chinese property managers in these markets (coastal US, Vancouver, Sydney) specializing in supplying info and property management services to mainland Chinese looking to invest/speculate.
3) Expensive is relative. Seattle property is about half the price of property in Beijing or Shanghai (while the average income is about 3 to 4 times as high)
4) As others have noted, stocks are a lot more regulated. And in China they're perceived as much more speculative than property.
2) There are many native Chinese property managers in these markets (coastal US, Vancouver, Sydney) specializing in supplying info and property management services to mainland Chinese looking to invest/speculate.
3) Expensive is relative. Seattle property is about half the price of property in Beijing or Shanghai (while the average income is about 3 to 4 times as high)
4) As others have noted, stocks are a lot more regulated. And in China they're perceived as much more speculative than property.