Chinese U.S. Real Estate Investment Down

As China puts the brakes on overseas investment, Los Angeles’ development boom takes a hit, according to the Los Angeles Times. #dtla #realestate

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Courtesy Los Angeles Times

REAL ESTATE NEWS

China and its government-owned companies have decided to reduce investment in United States real estate. This is having a big effect on Los Angeles new construction condominium home prices and availability.  In fact, Chinese real estate investment in America have peaked in 2014, and is down substantially from 2017.

That’s ok because Time says that Ellen Degeneres has been making up for it pretty much all by herself, buying and flipping $145 million in properties.

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One Reply to “Chinese U.S. Real Estate Investment Down”

  1. L.A. Loft Blog — You may see a few more misspellings, mistakes and minor errors in the L.A. Loft Blog lately. The reason is that WordPress and Bluehost have make it difficult to login. What was automatic, now takes many clicks. The results is that we cannot quickly go back to fix mistakes easily. I understand that it may look the LA Loft Blog look slightly less reliable, but the errors are mostly very minor such as missing commas and repeated words etc. I somewhat hate reading Yahoo News because of all of the many spelling and grammar errors etc. It shows that they are not putting much time or effort into the quality of the writing, and that must affect the quality of the reporting and reliability of the content as well. Hopefully our login problem will be solved so that we will be able to go in repeatedly quickly and easily to fix minor errors in the near future.

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