With the ongoing semi-recovery continuing to drag many Americans into the land of the underemployed, the economic picture in other nations has been rosier for some time. Specifically in China, whose economy muscled out America’s for the title of largest this week according to a study by the International Monetary Fund and in Saudi Arabia-land of plentiful petro-dollars. While the denizens of both of these countries have been buying up property for quite some time in places like Hawaii, where Chinese investors fly in on a weekend and buy up to five properties at a time, now they have moved their sights to the mainland and the land of movie stars and studios-Los Angeles.
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