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A comment on For Chinese Home Buyers, Seattle Is the New Vancouver. Parent comment

Re:For Chinese Home Buyers, Seattle Is the New Vancouver by spoonie on Monday May 08, 2017 @12:31AM (#14289263)
I wonder if this is because you can get around money laundering/financial control laws when buying a house for cash? Do the sellers have to check where your money is from when you buy a house?
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Re:For Chinese Home Buyers, Seattle Is the New Vancouver by toomuchtodo on Monday May 08, 2017 @12:45AM (#14289323)
It's because it's a safe value/wealth store. And the checks are superficial.
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Re:For Chinese Home Buyers, Seattle Is the New Vancouver by partycoder on Monday May 08, 2017 @01:59AM (#14289548)
If you are a Chinese communist party official technically you decide what is legal.
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