Exactly, I have a friend who's from China. His parents bought his house in SF as a "graduation present," though the deed is under his name so it's technically his. However, if he were to lose his H1B, then it's essentially a foreign owned asset at that point.

He describes it as a cultural exchange as parents in China want to help him be successful. He also says that in China, corrupt banks make money disappear all the time. So it makes sense to me.