keep guessing matt. Give you a clue though, im not in the real estate game whatsoever, im too ethical and educated..ooh that will p1ss off a few readers..
If the Chinese buy with cash for a home they wish to live in, they wont give a rats rectum whether prices drop or not, its their home. You are probably right about overseas investors/ non resdients running for the hills if the market were to take a dive.
I disagree with your last point. Yes asians do buy on emotion but are the most disciplined people i know with regards to paying off debt hence whey they can push prices upwards not because they have the capital but they repay loans faster than any culture i know. Don'tunderestimate the asian community.
