> China. On the surface this seems hyperbolic but its true. The area I am at has seen wealthy Chinese investors buying up property in the new developments and

> China. On the surface this seems hyperbolic but its true. The area I am at has seen wealthy Chinese investors buying up property in the new developments and then leaving it to their children to manage. It's almost impossible to buy a house here in the sub $300k range due to the rapid buy up and flipping they're doing. Most of them don't sell either - they rent, leaving people here in perpetual rent cycle without the ability to own property in a decent area.