Monday, January 11, 2016

OCHN: Will the slowdown in China hurt Irvine real estate?

A rising US dollar makes Irvine homes much more expensive for Chinese buyers, and capital controls makes it much more difficult to move money out of China for those inclined to do so.


Chinese investors buy a significant number of homes in Irvine. Anecdotally, 80% of sales in some new home...
Will the slowdown in China hurt Irvine real estate?

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