Overseas students earned 5.85 million yuan in overseas real estate speculation. Why are China people keen on overseas real estate speculation?

At present, the popular destinations for studying abroad, such as the United States, Canada and Australia, are all developed countries, that is to say, compared with developing countries, countries that have completed the rapid development cycle of social economy and entered the stable development cycle of society. Therefore, compared with China, land prices and house prices in these countries are also in a state of self-balance, with gentle fluctuations.

Secondly,

The development level of a country's real estate is related to a series of comprehensive factors, such as local social economy, the total amount of existing residential properties, real estate attributes, population density, consumption habits and so on. At present, compared with the domestic countries, the major countries studying abroad are vast and sparsely populated, with a large number of people living in rented houses, and most of the land and houses in history are private permanent property rights, with mature property design and construction and low price moisture. China's national conditions are different. The purchase of commercial housing has only been going on for about 20 years. A large number of families have the expectation and demand of buying a house, but they only have 70 years of land use rights. Relatively speaking, the gold content of foreign real estate is higher than that of domestic commercial housing, which attracts the potential purchasing power of China.

Thirdly, in recent years, a large number of high-net-worth families in China have arrived in developed countries in the form of studying abroad and emigrating, which has brought about the habit of buying houses and huge purchasing power, and directly detonated the local real estate investment field. High-quality real estate in several Canadian and Australian cities is sought after by a large number of China sellers, and the real estate market has formed a trend of rising prices. As a real estate with triple attributes of self-occupation, investment and speculation, it is not uncommon for China investors with investment and speculation habits to flood in, and it is also not uncommon for them to get rich by quick appreciation of real estate speculation.