Read an excellent paper about the destructive impacts of this in Vancouver's housing mkt http://www.tandfonline.com/doi/abs/10.1080/14616718.2015.1119776?journalCode=reuj20#.VoLommSrT-Y …https://twitter.com/WSJ/status/681808297159176192 …
@MarketUrbanism Lots of anecdotal stories of cash parking in pre-existing, single-family homes down on the peninsula.
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@kimmaicutler@MarketUrbanism Palo Alto turned its homes into financial instruments so ...Thanks. Twitter will use this to make your timeline better. UndoUndo
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