It's more than 10%. Many Chinese buy via LLCs which makes ownership impossible to determine. I work with one HOA board in Seattle where 50% of the units are n

It's more than 10%. Many Chinese buy via LLCs which makes ownership impossible to determine. I work with one HOA board in Seattle where 50% of the units are now owned by Chinese investors. They are debating whether to pass a restriction on renting out units (limited to some % of total units, and you have to join a waiting list until new spots open up). This type of restriction eliminates investors but immediately drops market value by 20%. Similar to the co-op system in NYC. Talk to a high volume realtor in SF, LA, Seattle, or NYC and you will hear directly from them how many foreign buyers are influencing the market.