The USA is an open market compared to other locales. It’s why the Japanese bought up a lot of real estate during the 80s, and why the Chinese are doing it now.
I know, I just mean that people are generally going to spend much more of their wealth on local land than abroad, so there's no way the land purchase breakdown is going to be anything like the global GDP breakdown.
True, but they already do. China is basically just exporting some of the property bubble they already have back home (just like the Japanese did in the 80s).
