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

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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Article Details

Author / Journalist: Cheryl Arcibal

Category: Business

Markets: Hong KongTaiwan

Topics: Chinese Property Trump’s Global Election According Good Buyers Trump Investors Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 07:00:13 (1 weeks 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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