Friday, August 29, 2014

Why the Chinese Are Snapping Up Real Estate in the U.S. | FiveThirtyEight

Why the Chinese Are Snapping Up Real Estate in the U.S. | FiveThirtyEight: "According to a report by JPMorgan cited in an April Bloomberg story, China’s ratio of household credit to GDP has risen enormously — to 187 percent in 2012 from 105 percent in 2000. Overall credit extended to the private sector as a percentage of GDP rose to 134 percent in 2012 from 113 percent in 2005, according to World Bank data.  "



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