The flood of Chinese money into Bay Area housing is coming not just from home buyers. Developers and investors are also building and backing large residential projects here. They mainly want to diversify away from China’s overbuilt market but also serve Chinese buyers wanting a home in the Bay Area.
The only U.S. metro area attracting more Chinese development dollars between 2013 and 2015 were New York and its boroughs, according to Jim Costello, a senior vice president with Real Capital Analytics.
Read more by clicking below image