China's Love Affair with U.S. Real Estate Fades

China's Love Affair with U.S. Real Estate Fades

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the impact of a cheaper yuan and capital control measures in China on Chinese buyers purchasing homes in the US. It highlights a decline in total sales to Chinese buyers, particularly affecting the $2 to $3 million range. The video profiles a Chinese buyer, Tiana, and her motivations for moving to the US. It also addresses the challenges faced by many Chinese buyers due to currency restrictions, while noting that wealthy individuals continue to purchase homes. The regional impact is examined, with California being the most affected by the decline in Chinese buyers.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the effect of a cheaper yuan and capital control measures in China on Chinese buyers in the US?

Increased sales in the luxury market

Increased home purchases by Chinese buyers

Decreased ability to purchase homes

No impact on home purchases

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which price range is most affected by the decline in Chinese buyers?

$1 million to $2 million

$2 million to $3 million

$3 million to $4 million

Above $4 million

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason Tiana wants to buy a house in the US?

Serious air pollution in China

Higher education quality

Lower cost of living

Better job opportunities

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the average price paid by Chinese buyers for homes in the US changed?

Decreased by 12%

Increased by 12%

Remained the same

Decreased by 5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which US state is most affected by the decline in Chinese buyers?

Florida

California

Texas

New York