84 percent drop


Chinese capital buying up offshore real estate has been a financial trend in major world cities since 2013. But it’s projected to crash this year. Due to a stronger yuan and domestic initiatives that need funding, Morgan Stanley estimates an 84 percent drop in Chinese overseas direct property investments. 

https://www.bloomberg.com/gadfly/articles/2017-08-07/china-s-great-property-pullback?ex_cid=SigDig 

#vancouverrealestate #uhreally

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