[quote=Jazzman]I’ve seen a chart that purports to show the same, but with NY being the biggest draw. What can you buy in California for $100k? Why would foreigners give “It’s a nice place to live” as the main reason, when they legally can’t live here? Needs some verbal backup.[/quote]
So many assumptions here…
* you can buy condos and even SFR in California for less than 100k in plenty of non coastal, non big city locations. I did a quick search of big bear and found several under 100k
* If they live in it seasonally, for three months, then nice place to live matters. Think snow birds from Canada. You can live in the US for 90 days on a tourist visa. My aunt’s community in Arizona is 70% seasonal Snowbirds, mostly Canadians, but some from Northern US states,
like the Dakotas.
If you look at the link… most of the foreign buyers are from North America and that means Canada and Mexico.
