Social media fuels Chinese overseas real estate purchases
Buying a Home

Social media fuels Chinese overseas real estate purchases

Θεόδωρος Τσιούμης

Social media fuels Chinese overseas real estate purchases

Buy2Greece.com

– For some Chinese investors, the first step to purchasing millions of dollars in property on the other side of the globe is a lot like ordering a new t-shirt online – search and click.

Social media is the catalyst, connecting Chinese buyers and overseas agents. At least one prospective buyer entrusted an agent with $100 million to invest in residential housing. Others bought houses in Houston or plots of land in Colorado, sight unseen, according to real estate agents.

source: – (Reuters) 

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