Yuan devaluation could weigh on Chinese buyers of US homes
[...] China's recent move to devaluate its currency's value relative to the dollar means Chinese real estate investors will have to fork over more money to buy a home in the U.S. [...] investor concerns over further devaluation on the yuan could spur a pickup in sales, said Rodney Ramcharan, research director at the University of Southern California's Lusk Center for Real Estate. [...] even with the recent devaluation in the yuan, it's likely Chinese who are interested in buying real estate won't pull back now... Читать дальше...