# Professor Joseph Foudy outlines the appeal of US real estate for Chinese investors

1 Faculty News December 16, 2015 ![Commercial Observer logo](/sites/default/files/styles/246w/public/assets/images/commercialobserver.jpg?itok=nmloUQPk)>

Excerpt from [Commercial Observer](https://commercialobserver.com/2015/12/chinas-love-affair-with-u-s-property-is-far-from-over/) -- "'The U.S. real estate investment is a rainy-day fund and hedge against both risks about the Chinese market slowdown but also uncertainty about fears of being swept up in the anti-corruption campaign,' said [Joseph Foudy](http://www.stern.nyu.edu/faculty/bio/joseph-foudy), an economics professor at New York University. 'Keeping a percentage of their net worth outside the country and safe is more important than a particular financial return on their real estate investment.'"

[Read more](https://commercialobserver.com/2015/12/chinas-love-affair-with-u-s-property-is-far-from-over/)