Saturday 13 August 2011

China’s richest throw 190 million to buy a house in London


Overseas Chinese tycoons buy more generous, nearly two months in London, UK high throw 120 million pounds (about 100 million $ 95.3 million).
Over the past six months, the Chinese people in the UK, Canada, Australia madness sweeping housing, capital is considerable. Forbes magazine quoted the global home production company, general manager of Colliers International Liuyi Lun (Alan Liu) as saying, because the Chinese authorities to fight housing restriction policy, it is expected that there will be more Chinese to overseas buyers looking for real estate opportunities.
"China Business Times" 12, citing British media said some Chinese investment in UK local real estate, so that UK house prices pushed higher, the locals out of the market, causing the locals to complain.UK Housing Society and even warned that many young people in London will therefore have to work to 50 years old, be able to afford housing.

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