Fannie Mae-No Politics (FNMA)

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"The serious volatility in China's domestic stock market—shares in Shanghai plunged 8.5 percent on Monday and lost more ground overnight—is seen as increasing demand for U.S. real estate, not hindering it.
"While investors in the Chinese stock market have certainly experienced a negative hit to their net asset positions in recent weeks, since the Chinese yuan is essentially pegged (within a narrow floating band) to the U.S. dollar, any pass-through effect to the exchange rate is not visible," said Svenja Gudell, director of economic research at real estate site Zillow. "Investors in Chinese equity markets will flee to safe assets, and few assets offer the combination of relatively modest risk and high returns as U.S. real estate. It is very plausible that China's stock market volatility could push more Chinese investors to buy homes in the U.S."
http://www.cnbc.com/2015/07/28/chinese-buyers-feed-new-energy-into-texas-real-estate.html