“Mary Leslie, president of the Los Angeles Business Council, said Chinese investors are eyeing various investment opportunities in the city. Entertainment, pharmaceuticals, clean energy, retail and manufacturing are all appealing to Chinese investors, said Leslie.” Whenever foreign countries invest in the U.S., it’s a sign that the American economy is strong and growing. Foreign countries have confidence that their investment will grow. For details on Chinese investment in Los Angeles and how it’s improving the business and real estate markets, click here. For beginner real estate investors, foreign investment is an indication of demand. Demand puts upward pressure on prices. If you are thinking about purchasing real estate in an area that’s receiving foreign investment, do your research on prices. Never overpay for a property. To learn more about finding a good property, click here.
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