Or maybe it’s that foreign immigrants actually HAVE money to buy property. Unlike your average American, who was conditioned from birth to spend like a drunken fool.

Need an iPhone, and iPad, and an iPod. Check.
Need 3000 sq ft of McMansion out in “lizardia.” Check.
Won’t look stylish unless they roll up in a Bimmer. Check.

Also, more immigrants (or 1st-gen children thereof) that I know are interested in buying rental property than the red-blooded Americans. The Americans think that being a landlord is beneath them.