Chinese capital controls seem to be distorting all kinds of markets. Around here (SoCal) I've heard of Chinese "investors" buying houses at 5-10% over asking si

Chinese capital controls seem to be distorting all kinds of markets. Around here (SoCal) I've heard of Chinese "investors" buying houses at 5-10% over asking sight unseen and not caring about possible depreciation because it's a way to get money out of China. Losses as high as 25% are apparently acceptable to some people looking to get past capital controls.