Chinese investment in Detroit

Recently, WDET ran a story on a local Detroit-area (Royal Oak) lawyer Evonne Xu, who is negotiating real estate sales of vacant Detroit homes (presumably from ‘the list’) with buyers in China.

0113141133

http://wdet.org/news/story/China-Buying-Up-Detroit/

A related story on Fox News “claimed you could buy two houses in Detroit for the same price as a pair of leather shoes, has piqued [Chinese] investors’ interest.”

http://www.foxnews.com/us/2013/07/29/chinese-investors-betting-on-detroit-comeback-buy-up-real-estate/

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