Foreign Real Estate Investors Are Coming To Buy Up American Homes

Adobe
a10-btc

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a10-btc
Nov 16, 2021 5 Comments

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TOP 5 Comments
  • Impinj
    seeether

    Go to company page Impinj

    PRE
    Amazon
    seeether
    Asians and their progeny have been a disaster for the American financial system.
    Nov 16, 2021 0
  • This has been happening for a while for both US and Canada.
    Edit after reading - China is most highlighted but there are other countries as well. Moreover, rich people and firms have many indirect ways. Of course , lesser the friction, better for them. Canada btw has some areas where they have reacted to this issue.
    Nov 17, 2021 0
  • Amazon
    IlllIlll

    Go to company page Amazon

    IlllIlll
    The author also gets kick backs if you sign up for his overpriced REIT scam using his referral link. I'd not trust what he has to say about real estate.
    Nov 17, 2021 0
  • Twilio / Manufacturing
    fkingowl

    Go to company page Twilio Manufacturing

    fkingowl
    TLDR. I think the author had a rough estimate but I doubt XI would open that up anytime soon. He wants to keep the money in China all else be damned.

    This quote

    β€œBack in 2016, I distinctly remember trying to compete against foreign buyers for San Francisco real estate. It was not pleasant. One buyer bought a neighborhood home for $2.3 million in cash for his 21-year-old daughter. The daughter was going to the Academy of Arts”

    I knew someone whose parents did almost exactly that. She got a boxster instead of a 911 and that was mid 2000s.
    Nov 16, 2021 0
  • Yelp
    mlengg

    Go to company page Yelp

    mlengg
    πŸ€¦β€β™‚οΈ
    Nov 16, 2021 0