Lit­tle red tape, and op­por­tu­ni­ties ga­lone

China Daily (Canada) - - FRONT PAGE -

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.

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