HomeNews Chinese Buyers Hunt for the Perfect Second Home
Chinese home buyers check out the new housing projects on offer at a property fair in Beijing on April 9, 2010. Soaring Chinese housing prices will rise further in 2010 and beyond as the nation develops and as local officials push property sales as a revenue source, the country's housing minister Jiang Weixin said recently. CHINA OUT AFP PHOTO (Photo credit should read STR/AFP/Getty Images)
The Chinese are now the second biggest international buyers in the U.S. property market. The WSJ’s Wei Gu tells Deborah Kan what Chinese customers are looking for when it comes to buying a second home, whether in China or abroad.