Many articles indicate that fewer and fewer of the native-born population are able to buy homes, so the influx of foreign funds in certain housing markets like CA may end up being a sustaining force for housing prices in those areas longer term.

That’s a good thing for those who already have property–but not great for those who don’t–especially not for young people who would like to buy in the areas in which they were raised. We bought property for our kids years ago, but it’s a different world today.