With the mainland Chinese real estate market not doing so hot, I'm seeing this all over the SF Bay too. http://nymag.com/news/features/foreigners-hiding-money-new-york-real-estate-2014-6/ …
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Replying to @MattRosoff
@MattRosoff@kimmaicutler When I was in NYC I was shocked by the number of luxury apartments going up. I was told this was the reason.2 replies 0 retweets 0 likes -
Replying to @ron_miller
@ron_miller@MattRosoff@kimmaicutler Same here in London. Towers of them going up around here in Putney, replacing office blocks.1 reply 0 retweets 0 likes -
Replying to @sbisson
@sbisson@MattRosoff@kimmaicutler There were tons of them. I asked how many people can afford 5-8K a month rent? Was told it's foreigners.1 reply 0 retweets 0 likes
Replying to @ron_miller
@ron_miller @sbisson @MattRosoff were considering all these laws around mandated bmr, but nothing about people who aren't even residing here
6:51 AM - 30 Jun 2014
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