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I was scanning the news and came across an article about the Chinese thinking of buying bargain basement houses in the United States. I love it when the Chinese see the word bargain and they come running.
They don’t know that the laws are different in the United States than China. They just see the work bargain and big. In the United States we have this called property tax and maintain the apt every month.
When the Chinese hear you have to pay a few thousand dollars in taxes a year they think they are being robbed. They say they don’t have to pay that in China. Welcome to America! Ha Ha Ha!!
Chinese Investors Looking To Buy U.S. Homes
Cash-rich tourists from mainland China are coming to the United States to cruise neighborhoods with a lot of foreclosures or unsold developments. They are looking for bargain-basement buys. These recent home-buying tours to the U.S. have become one of the most popular tour group packages in China.
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