Chinese bet on London Real Estate - NY Times

doing this on iPhone excuse the lack of quote;

basically rich Chinese buying up Kensington etc

based on Hong Kong it could be interesting; there it’s all about “showing face” ie showing off, not yield etc.


Last year it was Russians, before that Saudis. Check out all the fully veiled ladies exiting chauffeur driven cars in SW1, laden with shopping bags. The global rich love that part of town so its no surprise that the Chinese are ‘arriving’.