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Is Trump election good or bad for Chinese property investors in the US? It’s a mixed bag

SCMP LogoSCMP3d ago

Is Trump election good or bad for Chinese property investors in the US? It’s a mixed bag - SCMP

Quick Summary:

Trump tax cuts, tariffs will keep interest rates high, but current owners will benefit from his presidency.

All told, foreigners accounted for 2 per cent of the US$2.1 trillion residential property market in the US for the 12 months that ended in March this year, according to the NAR.

The association puts buyers from the mainland, Hong Kong and Taiwan under one umbrella: Chinese.


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Is Trump election good or bad for Chinese property investors in the US? It’s a mixed bag - SCMP (Picture 1)

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Article Details

Author / Journalist: Cheryl Arcibal

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 07:00:13 (3 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 256 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23578076

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 10 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 2 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "Is Trump election good or bad for Chinese property investors in the US? It’s a mixed bag" was covered 3 days ago by SCMP, a news publisher based in Hong Kong.

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  • News ID: #23578076
  • URL: https://beamstart.com/news/is-trump-election-good-or-17315499621096

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