Chinese Property Buyers – “They Only Want New”

A recent survey of estate agents in London confirms that Chinese buying property overseas are pretty much the same as at home – overwhelmingly interested in only buying new properties. Not for them the charming old buildings, that require maintencance, preservation and may have the odd kink – they want new, modern and shiny. This appears to be true reading property reports from Shanghai and Beijing to the Gold Coast, London, Paris and New York…seems it always was too – here from 1930….