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Is it true most of the houses repossessed in the US are being bought up by British property buyers?

Is it true most of the houses repossessed in the US are being bought up by British property buyers?  I have heard that this is a new phenominen.

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This entry was posted on Saturday, April 4th, 2009 at 12:03 am and is filed under Cash Property Buyers, Property Buying Process. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “Is it true most of the houses repossessed in the US are being bought up by British property buyers?”

  1. Landlord says:
    April 4, 2009 at 12:03 am

    The Chinese and the Vietnamese are buying up lots too, especially in the lower income areas. They are buying everything in certain neighborhoods where I live.

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