Chinese investors buy 1 million yuan in U.S. property market

BCC Beijing December 5 News According to the voice of China "Yang Guang News" reported that under the background of the property market regulation, domestic funds to overseas market prologue is being opened. Yesterday, U.S. real estate market researchers, the U.S. "China Business newspaper," president and founder Su Yongsheng recently revealed that after the financial crisis, the U.S. real estate prices have fallen by an average of 27%, many Chinese investors have begun to go to the United States to copy the property market.　　In detail, we connect the voice of China reporter Feng Huiling: Moderator: 1 million can buy a villa in the United States, we would like to know this villa is everyone imagine the real mansion? Reporter: According to the American Real Estate Association's statistics, at the beginning of this year, The median house price in the United States is 178,000 dollars, the equivalent of RMB is about 1 million yuan, we take the city of California Fresno as an example, 1 million yuan can buy the house will be independent housing is what we call villas, the area is 183 square meters, per square metre of the price is RMB 6,000 yuan.　　The villa has 4 bedrooms, two bathrooms with a bathroom, a living room, a kitchen and a restaurant, and it should be our favorite mansion.　　Some investors in the country have developed programs in the United States, and some of China's average investor has bought homes in the United States, and in the middle of this year, someone even threw hundreds of billions of dollars in the United States to buy a number of villas.　　Su Yongsheng said that many people are investing in the United States to buy more than a set of properties, and then used for rental, this proportion probably accounted for the Shansheng.　　Moderator: Which local private capital is keen to invest in the U.S. real estate market? Reporter: For the current statistics, it is probably Wenzhou, Guangdong and Chongqing local real estate funds are concerned about, and some Chongqing real estate companies in charge with the United States real Estate company to connect the transnational way, in fact, Chinese real estate companies to the U.S. development project this threshold is not high, take the ground is not difficult, But the special note is that these companies need to be particularly familiar with American laws and taxes and so on, and some of the details of the building may make Chinese developers are not accustomed to, for example, in the United States to do real estate, the most stringent is in the construction link, even in the wall need to nail a nail operators also need to have a special license, In general, the U.S. real estate industry is relatively mature, the price trend is generally very sound, more suitable for long-term investment.