Reply to The chinese are coming and they want to buy your house!!

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[quote=VArealtor][quote=Anonymous]The Chinese are simply another player in the market, lie law firm partners and government contractors.  Chill everyone[/quote]

Agreed. I really don't care where my neighbors are from or whether they plan to live here 1 month out of the year, or all 12. Everyone has different property needs and personal interests. The important pieces: they pay property taxes which helps support the community and they maintain the properties because they want to maintain their value.

I have a couple of investment properties abroad... no one in those (foreign) communities had a second thought. They are just happy that the homes are well-maintained and that property values continue appreciating.

For whatever it is worth, I haven't noticed a huge surge of specifically Chinese investors here. A lot of American investors, developers, etc. International Relocations? Sure but this is the US Capitol so that's to be expected. International investors in general? Some, especially as the value of certain foreign currencies appreciate in comparison to the US dollar. But not some sensational surge. [/quote]

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