U.S._ Chinese Purchases of Billions in US Real Estate Raise Security Concerns

NEWSMAX

Chinese Purchases of Billions in US Real Estate Raise Security Concerns

(Andrew Matthews/AP)

By John Rossomando | Tuesday, 02 August 2022 06:34 AM EDT


China spent billions of dollars buying U.S. properties last year, and its increasingly aggressive acquisition of American real estate has set off alarm bells with those concerned about the economic and national security implications of the purchases.

Chinese investors accounted for $6.1 billion in purchases in 2021 – the most among foreign buyers – according to the National Association of Realtors, the New York Post reported.

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READ MORE: https://www.newsmax.com/platinum/china-purchase-u-s/2022/08/02/id/1081321/

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