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The Chinese Market

Playing the role of Captain Obvious, the Times takes a look into the now-common trend of Chinese buyers scooping up high end Manhattan properties. Though nothing new, there are certain nuances that only a broker seasoned with dealing with these clients would know. For example, "Asian buyers do not want to live on the fourth floor (associated with death because in some dialects the word rhymes with death) and prefer the eighth floor (associated with luck and prosperity)." The views are probably a lot better too. [NYT]