In recent years because of the impact of property-purchasing limitations and other control measures, more and more people are considering investing in real estate overseas.
Control measures on real estate have stimulated many Chinese people's interest in investing in real estate abroad. Because of current control policies, 30% of home buyers have turned their attention from the domestic market to overseas. Statistics show investors from the Mainland and Hong Kong account for 10.8% of the share in the market of new homes in
the US.
Visitor of Beijing Spring Real Estate Trade Show said "This is my first time of coming into contact with real estate investment abroad. So I’m not clear about this. I want to know whether there is the possibility of investment or not."
Because of the advantages of the stable market and permanent property, investment in overseas real estate has become more and more popular among Chinese home buyers in recent years. Now buying international property through real estate agents has become a major way of investment. Experts say some people consider purchasing overseas real estate as basic investment behavior, but some people purchase without on-the-spot investigations, so there will be some risks.
The falling price of buying houses abroad, and increasingly convenient conditions, are leading more people to purchase international property. But this kind of investment also brings along some risks, so buyers need to evaluate thoroughly, and decide wisely.
Xinhua News
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