What is Chinese gov't policy for Foreigners to buy house(s) in China? Are forigners treated the same way as local Chinese people? what is the process to buy a house for foreigners (loan, pre-approval, brokers, lock down the loan for 30days before closing? final closing?)... How about the loan option (30y fixed, 15/20yr arms, jumbo loan?). Any down side risk for foreigners to buy a house in China (say in Beijing)?
Many thanks for any advice!