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International

Chinese Investors Looking To Buy U.S. Homes

Cash-rich tourists from mainland China are coming to the United States to cruise neighborhoods with a lot of foreclosures or unsold developments. They are looking for bargain-basement buys. These recent home-buying tours to the U.S. have become one of the most popular tour group packages in China.

Rob Schmitz reports for member station KQED.

Copyright 2022 NPR. To see more, visit https://www.npr.org.

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