Chinese buyers/investors accounted for 7% of the $82 billion that foreign investors sank into U.S. housing last year.
That’s right. Foreigners see U.S. housing as a bargain, which it really is. This is the lowest-price, highest quality urban housing on earth.
This is why I’m bullish on buying rental homes today. If you buy right, using John Schaub’s strategies, you can lock income at 7%, 10%, or more. (Schaub is the moderator of my Real Estate forum on GaryNorth.com.)