Chinese investors remain an X Factor for the US housing market

Source: HousingWire Richard K. Green, director of the University of Southern California Lusk Center for Real Estate, writes that for the first time, the Chinese surpassed Canadians as the top investors in American residential real estate. Investors from China invested $22 billion in the U.S. housing market during the 12-month period that ended in March. He notes that Chinese investors consider the U.S. market and even the coastal cities of California to be relatively inexpensive.  Read the full story