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The records have names, but how do you correlate that with nationality? I.e., there are plenty of people with Chinese or Indian names that are Americans.
by muzz 8y ago
The records have names, but how do you correlate that with nationality? I.e., there are plenty of people with Chinese or Indian names that are Americans.
- danso 8y agoIt would be a statistical estimate. Some foreign buyers may have trusted go-to realtors who specialize in these kinds of transactions. IIRC, home owners have to indicate whether a home is a primary residence or being used for rental (for tax purposes). All these factors may make the statistical estimate more accurate with reality.
- petermcneeley 8y agoIs this not a valid estimate? "The study found that two-thirds of all sales of detached houses in the University Endowment Lands, Dunbar and Point Grey neighbourhoods were purchased by buyers with non-anglicized Chinese names. That group purchased 88 per cent of houses priced at more than $5-million." https://www.theglobeandmail.com/news/british-columbia/vancouvers-housing-market-fuelled-by-chinese-buyers-study/article27064577/ https://www.theglobeandmail.com/news/british-columbia/vancou...
- danso 8y agoSure, though that study was done in Vancouver, and their laws about real estate records being public record might be different than California or the other U.S. states (the article mentions only the methodology regarding Chinese names). You asked if there was a dataset that could be used in studying impact of foreign buyers; I was just pointing out that the government most definitely collects data of real estate transactions and generally makes it publicly available in the U.S.