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It's very difficult for the Chinese government to discover or seize foreign property. If you illegally exported money from China, you couldn't exactly keep it i
by kenhwang 9y ago
It's very difficult for the Chinese government to discover or seize foreign property. If you illegally exported money from China, you couldn't exactly keep it in a bank where the Chinese government could claw it back. So you buy property in safe markets; housing doesn't drastically change in value (and often appreciates), the money gets "washed" in escrow by random citizens, it's very hard for housing to get stolen or lost (unlike other high value items, like precious metals, diamonds, cars), there's enough supply where the government couldn't possibly monitor all the markets, and it's high enough value where so you only need to succeed a handful of times.