Chinese Buying Detroit

Townhall.com Staff
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Posted: Nov 24, 2014 10:45 AM

The largest Chinatown in the U.S. may soon be Detroit. Not an area within the city, but the city itself. Chinese investors are investing heavily in the bankrupt city, so much so that it now ranks fourth among all U.S. cities for Chinese property hunters online. A Chinese international property portal, Juwai.com, ranked the top US cities; Detroit was fourth, behind New York, Los Angeles, and Philadelphia.