Decline in Overseas Property Investment by Chinese
Started by ximon
almost 8 years ago
Posts: 1196
Member since: Aug 2012
Discussion about
'/%3e%3c/g%3e%3c/svg%3e)
Looks like potentially very bad news for real estate values in major global cities according to this new report from Morgan Stanley Research. Due to capital controls and financing restrictions for overseas Chinese investors, overseas transaction volume is expect to fall 84% in 2017 and another 15% in 2018. According to the report, "Chinese capital accounted for a 30 per cent share of Manhattan’s transaction volumes in 2016 and a quarter of all central London commercial property acquisitions in 2016". http://uk.businessinsider.com/china-overseas-property-investment-uk-2017-8?r=US&IR=T