Re:One-third of SF Bay Area residents hope to leave soon, po...
by brianmcconnell on Monday May 02, 2016 @03:11PM
(#11614535)
Two doors from my house is a deluxe 3 unit condo building that has been uninhabited for years. Not once have I seen any evidence of anyone living there. The units went for little under $2 million apiece. It makes me wonder what will happen if/when China has a financial crisis and people start trying to liquidate their offshore piggy banks.
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Re:One-third of SF Bay Area residents hope to leave soon, po...
by cpitman on Monday May 02, 2016 @09:42PM
(#11617222)
Exactly! If this is indeed a major factor, could we see the SF housing market nose-dive if/when the Chinese market does at the same time? Or if/when better investment vehicles become available to them domestically?