——If they want to throw their money away on this stuff, more power to them——
Their problem is that all things considered, even the prospect of a decline in value, investment in american and canadian real estate is safer than other alternatives.
however, the chinese like to gamble and in vancouver have placed vets against very long odds
At least the Russians bidding up Manhatten prices have the Arabs and the rest of the world's big money also wanting a piece of NYC.
Not sure who else is willing to pay up to buy into BC.