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Chinese Buyers Heavily Focused on California Real Estate – 70% All Cash Deals

The amount of all cash offers being made across the country is deep into record territory.  Once again, the real estate market is crawling into unchartered waters here.  We all know about the flood of money coming from hungry Wall Street investors ravenously chasing yields in the rental game.

via Chinese buyers heavily focused on California real estate: 70 percent of purchases made by Chinese buyers are all cash purchases. » Dr. Housing Bubble Blog.

 

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