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> Foreign investors jump into the housing market because the current system ensures that the supply of housing is limited so it is an attractive way to park you
by chaostheory 5y ago
> Foreign investors jump into the housing market because the current system ensures that the supply of housing is limited so it is an attractive way to park your wealth.
If they were targeting mainland Chinese investors, it's too late. China already stopped capital flight out of their country two years ago. They even banned crypto, so getting money out of China is both difficult and expensive for both Chinese citizens and even expats. The former is understandable since it's an authoritarian country, but expats? That's a new one unless countries in the Middle East do the same thing.