China’s wealthy real estate buyers are snapping up property a lot more often than their American counterparts, according to a new report from Sotheby’s International Realty, which breaks down profiles of wealthy real estate buyers around the globe.

According to the report, 96% of affluent Chinese consumers have purchased a property within the past three years. In comparison, just 54% of affluent American consumers — those who have over $2 million in assets — have bought a property.

 

 

Read more

Bookmark and Share

Leave a Reply