Re:Home Values Are Rising by $800 a Day in San Jose
by refurb on Tuesday April 10, 2018 @10:58AM
(#16801823)
Do you have a source for foreigners "treating American housing stock as their investment vehicles" and that driving up prices?
That was the complaint in Vancouver until they actually started tracking foreigner purchases and it turned out it was 10-15% of purchases (higher in certain neighborhoods). That means the other 85-90% of demand was from Canadians.
That was the complaint in Vancouver until they actually started tracking foreigner purchases and it turned out it was 10-15% of purchases (higher in certain neighborhoods). That means the other 85-90% of demand was from Canadians.