Re:Average Rent in San Francisco Has Dropped $1k This Year
by Gibbon1 on Monday December 28, 2020 @02:08PM
(#25562136)
Since assholes flagged parent comment I'll add my comment here.
Foreign investment, is really not just foreigner in the traditional since. It also includes anyone from outside the city looking for a place to park their share of the fire house of liquidity the central banks are handing out to the ubber wealthy.
Sure you can stop foreign investors like a nouveau riche Chinese national that owns a successful business in China. But that stuff doesn't even slow down old money.
Foreign investment, is really not just foreigner in the traditional since. It also includes anyone from outside the city looking for a place to park their share of the fire house of liquidity the central banks are handing out to the ubber wealthy.
Sure you can stop foreign investors like a nouveau riche Chinese national that owns a successful business in China. But that stuff doesn't even slow down old money.