Chinese cash fueling real estate market… No surprise here – it’s likely that every Chinese national with money is desperately trying to get that money out of China before there’s no more way to move it.

Driving real estate pricing to record highs on the US west coast, it’s impossible to say just how many cash deals are done with Chinese dollars.

Lots of Russians starting to make a move to spirit their money out of the homeland and they find overpriced US real estate to be a great deal too…

http://mobile.nytimes.com/2015/11/29/business/international/chinese-cash-floods-us-real-estate-market.html