China takes Manhattan

Owning a home on US soil is no longer only an American dream.

Increasingly, buyers from China are snapping up luxury property in America, :

particularly in high-priced markets like New York.

A room with a view of New York appeals to Chinese buyers 

                   

Cynthia Liu, 26, grew up in Beijing but now works in Manhattan, where she recently bought

a spacious one-bedroom flat in a high-rise with a view of the city's famous skyline.

                       

The National Association of Realtors reports that the Chinese invested $22bn

in American residential real estate in the year ending in March :

a 72% increase from the year before.


This is a mind blowing number 

According to the Shanghai research firm Hurun Report :

64% of Chinese individuals with a net worth of more than $ 3m :

are either emigrating or planning to do so....

Nexx ting yuh know :

China Town relocate from San Fran 


Meseret and Cappo gonna travel inna pack Chinee subway

Chinese people are big in numbers and they are pretty hard working and intelligent. I lived in a posh area in NY years ago. The entire neighborhood was Jewish . My family was the only Indian family. We moved about a year ago. 80% of the houses were owned by Oriental people when we moved.

[quote author=wulfman link=topic=92274.msg584449#msg584449 date=1409162560]

I lived in a posh area in NY years ago.
[/quote]
Did you Folks hire servants from India ?  :-\

[quote author=ketchim link=topic=92274.msg584454#msg584454 date=1409163539]
Did you Folks hire servants from India ?  :-\
[/quote]

When we were younger we had a nanny from India. After that no we could not afford to keep servants. We weren't rich like our Jewish neighbors. I currently am in India now and living a happy life. I don't know if I will go back to NY in the near future.

Cool !

I may go back to Guyana as well