What with all this impending-default talk and China holding over $1.1 trillion in US treasuries, it makes sense that anyone in China with half a brain might start looking for actual physical assets right about now. And that’s what one Chinese family has done, dropping down $3.3 million to acquire the residence of ‘N Sync poptart and Dancing With The Stars contestant Joey Fatone:

A family from China closed Friday on the purchase of pop star Joey Fatone’s Windermere-area home for $3.3 million. It drew a lot of attention with the celebrity status of its former “N Sync owner, said Roger Soderstrom, broker for Stirling Sotheby’s International Realty, which had the listing.

Behind the private, gated entrance, the house has six bedrooms, 10 baths and a million-dollar, resort-style pool. One of the noteworthy features is an air-conditioned garage that accommodates six vehicles and has a full kitchen, bath and rotating floors.

The property was originally listed last year for $5.5 million. We at LOLFed considered this to be “breaking news” more in the sense that a house was actually sold in Orlando than due to the nationality of the new owners.

About a month ago, Fatone held a massive yard sale at the house where he sold off everything from his coveted Sword of Omens from Thundercats to his Care Bear collection. So, we hope the new owners weren’t hoping for any of his kitsch, and admittedly, I hope they don’t plan to let the rotating floors in that house come into disuse. I, for one, would welcome some Chinese pop-music overlords: