I don't know if Housing Kaboom has uncovered this yet, but MSNBC has:
Beijing lawyer Ying Guohua is heading to the United States on a shopping trip, looking not for designer clothes or jewelry, but for a $1 million home in New York City or Los Angeles.
He expects to get a bargain. Ying is part of a growing number of Chinese who are joining tours organized especially for investors who want to take advantage of slumping U.S. real estate prices amid a financial crisis.
But how do you get the potential buyers away from El-Lay and out to the IE? I'll grant that Diamond Bar may be attractive, but how do you lure a Chinese businessman to Fontana?
Tom Petty's second and third breakdowns
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I just authored a post on my "JEBredCal" blog entitled "Breakouts, go ahead
and give them to me." I doubt that many people will realize why the title
was...
3 years ago