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Breaking Ground: Chinese Investment in U.S. Real Estate - Southern California
The Asia Society Southern California hosts a panel discussion on a new report on Chinese investment in the U.S. real estate market.
It is one of the most profound consequences of China’s growing wealth: Chinese investment in U.S. real estate has exploded, particularly in California and New York. Chinese nationals are now the biggest foreign buyers of American homes, purchasing at least $93 billion worth of home in the past five years, including $28.6 billion in 2015 alone. Commercial property purchases have surged as well, to $8.5 billion last year, a 15-fold increase from 2010. And, at nearly $208 billion, China is the biggest foreign holder of U.S.-government-backed residential mortgage bonds.
Asia Society and the Rosen Consulting Group are pleased to launch a study that provides an authoritative, comprehensive, and one-of-a-kind accounting of Chinese investment in the U.S. real estate market. Join us for a special program on the study and its implications; speakers will discuss the report and provide context for the broader debate, too often ideological and acrimonious, over U.S.-China trade and investment.
For more information on the report, visit AsiaSociety.org/ChinaRealEstate
Arthur Margon, Partner, Rosen Consulting Group
Robert Lo, Executive Vice President, East West Bank
Mike Margolis, Partner, Blank Rome
Wednesday, May 25, 2016
Location: Gold Room, Millennium Biltmore Hotel, 506 S. Grand
5:30 p.m. – 6:00 p.m. Registration
6:00 p.m. – 7:30 p.m. Discussion and Audience Q & A
7:30 p.m. – 8:00 p.m. Networking and Reception
The USC U.S.-China Institute is a supporting organization. Register here for discounted rate.
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