MIAMI—More than 70% of Chinese Millennials in the US are home buyers, and a majority are parking their money in US cities where Ivy League schools are present, such as Boston and New York City. That's according to Investorist research. These are buyers who were educated in the US, moved back to China to further their careers, but still consider US real estate a sound and desirable investment.
According to Jon Ellis, founder and CEO of Investorist, technology platforms are a strategic way to market new luxury real estate projects internationally. GlobeSt.com caught up with Ellis to discuss what types of properties Chinese Millennial buyers are eyeing. He also explains what mediums are most effective in reaching this audience in part one of this exclusive interview.
GlobeSt.com: What types of properties are these Chinese Millennial buyers eyeing? Are you seeing more interest in luxury condos or single-family homes, or a mixture of both?
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
