In a surprising trend, buyers from China are investing in real estate in college towns. They often buy one or several condos or homes near a college so they can give their children an alternative to living in a dorm and to produce income as well.
Considering the high cost of real estate in China, investment property in the US seems like a bargain. Buyers are not even worried that their children will choose the same city where they invest. They still believe they will make a profit.