@khuey_ @ValentinAlsina8 @mattocko @JoshConstine way that workers would. They just want somewhere to park cash, avoid mainland fallout.
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Replying to @kimmaicutler
@kimmaicutler @ValentinAlsina8@mattocko@JoshConstine why do they invest in Palo Alto real estate instead of treasury bonds?1 reply 0 retweets 0 likes -
Replying to @khuey_
@khuey_ @ValentinAlsina8@mattocko@JoshConstine they *do* invest in Treasury bonds. They're our biggest buyer.1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler @ValentinAlsina8@mattocko@JoshConstine the PBOC does. Do the people buying homes in Palo Alto?2 replies 0 retweets 1 like -
Replying to @khuey_
@khuey_ @ValentinAlsina8@mattocko@JoshConstine I do not have enough transparency to know the composition of their investments.1 reply 0 retweets 1 like -
Replying to @kimmaicutler
@kimmaicutler @ValentinAlsina8@mattocko@JoshConstine yeah I don't think anyone does.1 reply 0 retweets 0 likes -
Replying to @khuey_
@kimmaicutler @ValentinAlsina8@mattocko@JoshConstine but if people are using homes as a financial instrument we should ask why3 replies 1 retweet 2 likes -
Replying to @kimmaicutler
@kimmaicutler @ValentinAlsina8@mattocko the crux of the foreign buyer argument is that somehow this is different.1 reply 0 retweets 1 like -
Replying to @khuey_
@kimmaicutler @ValentinAlsina8@mattocko if they're doing the same thing everyone else is doing who cares?2 replies 0 retweets 0 likes
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Replying to @kimmaicutler
@kimmaicutler @ValentinAlsina8@mattocko owners intentionally keeping property vacant always makes me think property tax is not high enough1 reply 0 retweets 1 like -
Replying to @khuey_
@kimmaicutler @ValentinAlsina8@mattocko but we know that already ;)0 replies 0 retweets 1 like
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