[kareemm]

> These guys are buying to move in and settle down.

Hard to say. If it's anything like Vancouver (mentioned once IIRC in the article), many purchases happen for two reasons. First, to get money out of China, and second, to provide a place for Chinese kids to get a "better" education.

According to a study done by a recent Vancouver urban planner, a major chunk of new home purchases by ostensibly Chinese buyers were to students or homemakers (see slides 18-23):

http://www.slideshare.net/ayan604/ownership-patterns-of-sing...

This was for homes with a median value of 1.3M and avg value of 2.3M.

"Parachute kids" like the above buyers are super common in Vancouver. I would assume, though, that if their intention was to stay, the entire family would move.