New data shows foreign investment into US real estate has dropped a lot. Ana Kasparian, Francis Faxwell, and Mark Thompson, hosts of The Young Turks, discuss. Tell us what you think in the comment section below. http://www.tytnetwork.com/join
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“Notable Chinese acquisitions in the Los Angeles area last year included the $117-million purchase of the Alhambra, a mixed-use complex of housing, offices and shops created out of the former C.F. Braun Engineering campus in Alhambra.
Another large deal was the $115-million purchase of the DoubleTree by Hilton Hotel Los Angeles Downtown.
Janice Stanton of Cushman & Wakefield, who advises overseas investors, said that she believes money from investors in other countries will continue to flow into the U.S.”
Hosts: Ana Kasparian, Francis Maxwell, Mark Thompson
Cast: Ana Kasparian, Francis Maxwell, Mark Thompson
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)