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Chinese Investors Looking To Buy U.S. Homes

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February 27, 2009

Cash-rich tourists from mainland China are coming to the United States to cruise neighborhoods with a lot of foreclosures or unsold developments. They are looking for bargain-basement buys. These recent home-buying tours to the U.S. have become one of the most popular tour group packages in China.

Rob Schmitz reports for member station KQED.

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