Houston ranks among the top US cities for Chinese property investors, reports Houston Business Journal (16 December 2013) based on a list released by Juwai.com. With a higher median home price of $425,000 in 2012, as compared to the overall US median price of $199,500, Chinese investors are increasingly buying homes overseas. China's super-wealth tend to favour cities that are economically strong in order to diversify their investments in the US, and considering Houston is predicted to be a the gateway investment favourite for 2014, it's no surprise that Houston ranks No. 5 on the list. This is not the first time the Chinese have made waves in Houston – Houston Business Journal had previously analysed the Chinese impact on various industries in Houston throughout the years, as well as its future effect on the region.
