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2018 | OriginalPaper | Buchkapitel
3. Real Estate and Property
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Abstract
Real estate is perhaps the most fundamental and tangible investment asset class most investors encounter one way or another. Humans need space to live, land to grow food on, and commit a fair percentage of their incomes to pay for office, storage, retail, and industrial square footage somewhere, whether directly or indirectly. Part of the American dream may be to own a home, but Asians have become known in many top cities around the world for their love of property investment. In some markets like London, Toronto, or Vancouver, Chinese buyers have a reputation of buying several homes at a time for cash, simply as a way of keeping money safely outside of China.