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Chinese Dropping 'Cold, Hard Cash' for US Homes

Chinese Dropping 'Cold, Hard Cash' for US Homes

(LinkAsia News: 6/29/12) Buying million dollar homes in cash might seem excessive, but it's a bargain-basement deal for many Chinese buyers used to sky-high prices back hoome. And as state broadcaster CCTV reports, it's helping boost the US housing market.
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Chinese Dropping 'Cold, Hard Cash' for US Homes
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LinkAsia, hosted by Yul Kwon, brings you a unique half-hour program covering everything from official state news from Asia's top networks to the trends and conversations rising through Asia's social media.

 

Supported by grants from the John D. and Catherine T. MacArthur Foundation, the Henry Luce Foundation, the Freeman Foundation, the Fund for Commonweal, and viewers like you.


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