As the Yuan declines in value, houses become increasing expensive to Chinese Nationals, prompting further erosion of new home sales to this large buyer group.
Last month I asked Will the slowdown in China hurt Irvine real estate? There is little doubt that stopping the flow of Chinese capital...
Will a devalued Chinese Yuan crush new home sales in Orange County?
Thursday, February 11, 2016
OCHN: Will a devalued Chinese Yuan crush new home sales in Orange County?
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