Chinese mothers are the driving force behind a surge in property purchases in college towns in the US, reports The Economist (18 June 2016). Chinese make up the largest group of international students in the US, and a rising trend has shown most mothers tagging along with their children when they study abroad. Dubbed as tiger mums, they usually come to America without their husbands to take care of their children. And while some rent homes abroad, many prefer buying a local residence. According to Matthew Moore, President of the Americas of Juwai.com – the largest international property portal in China – roughly 70% of enquiries from Chinese indicate education as their chief motive.
