LA and SF are the top destinations in the entire world for overseas Chinese real estate investment.https://twitter.com/JuwaiLimited/status/607369141868236800 …
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@kimmaicutler @tmccormick yeah but 5k at least in rent a month is nothing to sneeze at
@ArmandDoma @kimmaicutler on a $1M unit, a 10% added possibility of non-liquidity (tenant doesn't move) is like a $100,000 cost.
@kimmaicutler @ArmandDoma @tmccormick there is no rent control in new buildings.
@markasaurus @kimmaicutler @tmccormick exactly---is it that hard to get a tenant out in a MR unit? Can't you just supercharge the rent?
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