As China again cuts its lending rates, how will this have a knock on effect on U.S. home sales? The economic stimulus of 2008/2009 led to an upturn in domestic purchases and in turn, prices. With the Government’s new restrictions on property purchases, will these force buyers to look further afield?
US Property Investment Sector Expected To Grow
December 22, 2011 by
A recent initiative by the Chinese government to liberalize restrictions regarding the investment of capital in foreign countries is going to have a positive effect on real estate in the USA, according to claims made by Glenn Melton, president of the Professionals Realty Group USA. The article in SF Gate quoted Melton as saying that
