3 ms·
the price increase of silicon valley homes partly is affected by all the foreign capital seeking stable, safe investment in US, particularly China's in the last
by ting_bu_dung 10y ago
the price increase of silicon valley homes partly is affected by all the foreign capital seeking stable, safe investment in US, particularly China's in the last few years (due to China's exponential growth in debt creation). we should see substantial slowdown/decline in the coming months (because China's economy has stagnated, and because the capital control for most normal citizens have worked)
- kelukelugames 10y agoI hear this anecdote all of the time. In fact, when I was buying a house I lost two offers to foreign buyers. I've seen studies show the impact of AirBnB on real estate prices, are there similar one for foreign buyers?