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{UAH} Chinese Cash Floods U.S. Real Estate Market - NYTimes.com

Soon this ranch will be a gated subdivision of 99 mini-mansions designed for buyers from mainland China. The developer, Zhang Long, a Beijing businessman, is keeping three plots to build his own estate along the site of an old rodeo arena.

This luxury development 35 miles northwest of Dallas is the latest frontier in a global buying phenomenon as Chinese money becomes a major force in real estate around the world.

http://mobile.nytimes.com/2015/11/29/business/international/chinese-cash-floods-us-real-estate-market.html?

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Brian M. Kwesiga

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