[quote=esmith]It seems to me that it’s a lot easier to find bargains in places where Asians aren’t looking.[/quote]
If you’re implying that we Asians are capable to raising property value, then I’ll take that as a compliment!!
But more typically we are just good savers and, at least in my case, save 15% – 30% of monthly income. We are also typically more cynical about the economy and more cautious on how we use our money. While I’m sure many Asians got caught up during the crazy time and are now suffering, more Asians probably just sat by the sideline (like me), waiting for the bubble to burst and their time to step in.
Anyway, Asians are good neighbors for many reasons and (as you’ve implied) good for the home value.