If the Chinese Buying Spree Is Over, Why Does the U.S. Housing Affordability Crisis Persist?

“Growing distrust between the United States and China has slowed the once steady flow of Chinese cash into America,” declares today’s New York Times, “with Chinese investment plummeting by nearly 90 percent since President Trump took office.”

If you live in a major American city, you’ve probably seen a lot of that investment flowing into neighborhoods around your home. So, what’s going to happen to your home value now that all those investors are sitting on the sidelines? In recent research, I tackled this question for the Dialogue of Civilisations Research Institute:

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