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comment by kleinbl00
kleinbl00  ·  3169 days ago  ·  link  ·    ·  parent  ·  post: Housing Bubble II, brought to you by the Chinese

Presumes single-owner purchase, which is not a safe assumption. Most of the properties being discussed are REIT purchases.





mk  ·  3169 days ago  ·  link  ·  

Are they though? The Chinese buyers I am aware of are buying big single family homes and apartments which perform terribly as rentals. This also matches their mainland real estate buying: empty luxury apartments as an investment.

kleinbl00  ·  3169 days ago  ·  link  ·  

The reports I'm getting are REIT.