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Sign into your account2012 Forecast—Investment Properties Gain Popularity
December 30 2011
Professionals Realty Group USA (ProsUSA) President Glenn Melton reports that the recent Chinese government's liberalization of restrictions on investing capital outside of the country, will have a positive trickling down affect on real estate brokers and agents' business in the United States.
"The relaxing of Chinese foreign investment policies will create an influx of Chinese investment capital overseas," states Melton. "This will spur investments in the Asia Pacific regions, as well as the United States; especially given the concern that central government intervention to contain overheated domestic housing prices will lead Chinese investors to seek other opportunities abroad."