In a recent report on CNN it was brought to light that untold millions of upper middle class Chinese are keeping a close eye the west coast US real estate market. It turns out that owning a home in the US and particularly on the west coast of the US has always been the "ultimate dream" of more affluent Chinese families. Now it seems that lower home values have finally put that dream withing reach. So whats holding them back? Would it surprise you to learn that they are all waiting for prices to level off before they will consider actually buying?

Posted by Colleen Lane on
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