[quote=flu]Oh please… stop the blame game will you? Asian purchases account for 20-30% of new home purchases, and mostly at the higher end where most of you are not shopping.
Even in socal, the concentration of purchases are in the markets that are $1million+. If you want to blame foreign purchases maybe you should get your fvcking facts straight and blame canadians, since as a group, theyve are the largest foreign buyers even more than chibese. And their purchase price points are considerably lower, probably in the submarket where most of you would be looking.
Just another case of envyfluenza when some foreign buyer has more money than some domestic light skinned color person. Sheesh.[/quote]
What blame game? Nobody is blaming anyone. What is interesting is why is happening, not that it is happening. So read the “fvcking” article before you blame the blamers.