Chinese pour $110bn into US real estate

It's interesting that the article says the biggest foreign buyers of US real estate used to be Canadians. I bet a sizable portion of the Canadian buyers are in fact Canadian Chinese (also HK and Taiwan) who immigrated there in the late 1990s. Having lived in Vancouver, I've seen my family's house quadruple in price from 2005 to 2010. Now that Canadian immigration laws have become more restrictive, Chinese immigrants are using EB-5 to come to the US and settle in places like the Bay Area and LA. This is why I think the Bay Area real estate market still has room to grow and the entire US real estate market will experience a sustained recovery in the next 5-10 years.