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.
Many Chinese investors consider Irvine, California, a safe haven where they can store their wealth far from...
http://ochousingnews.com/blog/the-flow-of-chinese-buyers-in-irvine-slows-to-a-trickle/
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