Little red tape, and opportunities galone
Houston, Texas, has become a popular destination for Chinese property investors, according to industry insiders. To fuel the trend, Ed Gonzalez, the city’s mayor pro tem, appeared at a showcase for Houston real estate projects in Beijing on May 14 to attract potential homebuyers. any US city, and that has resulted in tremendous opportunities in housing — all kinds of housing, from high-rises to villas — and shopping centers. Many people have discovered that the investment opportunities in Houston are much greater compared with cities such as New York, Los Angeles and San Francisco. Real estate in all those cities is expensive, but you can get more value in Houston. In the past two years, we’ve seen doubledigit growth in the number of foreign visitors and investors, not only from China.