And why are so many Chinese buying homes in Canada and America??? In spite of free market reforms in China, are they wanting to move assets out of that country?
With those kinds of prices, I suspect that yes, they are moving monetary assets out but those are likely ill gotten monies......
My memory is vague these days but there was a long article here about some Chinese guy who was corrupt to the gills and found dead in his mansion.......
Oh, here it is.....
The Curious Story Of The Chinese Tycoon Found "Chopped Up Into 100 Pieces" In A Vancouver Mansion