7 ms·
I also think the foreign investor thing is overblown, but it’s always the marginal demand that causes prices to go up. Take 10% of the property owners out of a
by toasterlovin 9y ago
I also think the foreign investor thing is overblown, but it’s always the marginal demand that causes prices to go up. Take 10% of the property owners out of a market and prices will go down.
- pesfandiar 9y agoYou can say that about any non-zero share of the market; take it out and it becomes cheaper! I believe the reason we even talk about foreign investors is that the collective mind would like to attribute the mess to "them" versus "us".