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A significant number are bought as investments, but NOT rented out, making the housing situation worse. Investors from more volatile economies (China) really s
by Flammy 11y ago
A significant number are bought as investments, but NOT rented out, making the housing situation worse.
Investors from more volatile economies (China) really see a few % up or down as incredibly stable compared to their native currency fluctuations.
- nitrogen 11y agoA huge chunk (but not a majority) of urban real estate in my city is also unoccupied most of the time, but I wonder how many are parking cash and how many are just summer vacation homes.
- fludlight 11y agoCurrency fluctuations are peanuts. The real risk in emerging markets is losing everything due to a massive economic downturn, political instability, or corruption.