The Countdown Starts

From Curbed.com blog

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The Financial Times first reported on that delegation of Chinese buyers coming to pick over the bones of our real estate market, and now ChinaDaily.com follows up, announcing the group will arrive March 24 in Los Angeles.

A 40-something Beijing lawyer tells ChinaDaily, "I plan to buy an apartment in Los Angeles or New York, with the total price hovering around $1 million."