Zimbabwe: Chinese Buyers Pricing Zimbabweans Out of Their Own Homes – Africa Links 24

By Kudzayi Mutisi-The recent Bloomberg report on Chinese buyers paying cash for luxury homes in Harare has created a dangerous trend, one that threatens to permanently push property ownership beyond the reach of the average Zimbabwean.

According to the report, wealthy Chinese investors are targeting high-end properties, with homes in prime suburbs ranging between $500,000 and $2 million.   These buyers…