A Humorous Take on Foreign Buyers Driving Up Prices

Over in the New Yorker (where the issue of foreign buyers is more substantial than a few vague anecdotes): Stop Complaining That I, Zathbog of Planet Cibwarv, Am Inflating U.S. Housing Prices I’m told there’s a familiar narrative that unfolds whenever you try to buy property in a cosmopolitan American city these days. You find […]

A Chinese-Driven “Real Estate Boom” in Seattle? No.

Interesting article in the New York Times yesterday: In Suburban Seattle, New Nests for China’s Rich …increasingly, China’s rich are also offshoring their families along with their cash. That’s created a real estate boom in an unlikely corner of the United States: suburban Seattle. Wealthy Chinese have become far and away the biggest foreign buyers […]