Is Chinese capital creating a Puget Sound real estate bubble?

Into thousand seven a colleague of mine noted "when taxicab drivers and schoolteachers start speculating in real estate you know the markets overheated". In looking at today's real estate market, we wonder if Chinese capital flight looking for safe Havens is a new reality or another anecdotal sign of a potential bubble in our economy. In this Tom Talk, Tom Hoban offers his opinion.