REAL ESTATE
Compiled by Debora Vrana, Times staff writer
Homes for Chinese: Largo Vista Group, Ltd., a Newport Beach maker of manufactured homes, said it has signed a deal to export its houses to China. Models are scheduled to be shipped this week from the Port of Long Beach to Shenzhen, China, 30 miles from Hong Kong. The models will be erected in China for viewing by potential buyers. The population of Shenzhen, China’s largest “Special Economic Zone,” has grown from 40,000 to 4 million in the past 10 years--creating a severe housing shortage. Largo Vista plans to satisfy pent-up demand in China by selling Western-style manufactured homes.
