of U.S. residential properties — both in terms of the number of units, as well as the dollar value, according to the National Association of Realtors . In some cases, the buyers are willing to even purchase homes without first visiting the properties overseas.
"It's not about generating huge growth in their wealth, but it's more about preserving their wealth," he told CNBC."That's why they would look into New York and the U.S. — andThe event was aimed at educating potential buyers about the New York and U.S. real estate market, with units ranging from between $1.2 million to $4.6 million."You always have foreigners buying in New York.
"What it's impacting is really the very, very, very top, because the Chinese were buying the most expensive apartments," Allison said."We're talking the $30 million penthouses."
For HK buyers anywhere is bargain to them
Only N.Y. buddy