Detroit property rebounding: the Chinese are coming……

A recent NBC report Chinese investors snap up property in bankrupt Detroit cited Chinese online property site juwai.com as saying that Detroit was the number 4 destination in the US for Chinese housing investors.

That makes me wonder if my posts about Detroit property over the last year Detroit housing market continues to improve and Is Detroit real estate a bargain? have been read in the People’s Republic. Probably not. (more…)