Chinese Flock To California To Acquire Real Estate

Source: South China Morning Post


On October 7, 2013, Los Angeles partner Gregory Karns was quoted in an article in the South China Morning Post, discussing a recent trend of mainland Chinese companies and individuals ramping up purchases of property in California.

Mr. Karns noted that “These Chinese groups see a flattening of their [domestic] market, and are looking to the US and California for great returns.”

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