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re: These real estate markets may be on the cusp of a San Francisco-style affordability crisis
Posted on 3/17/22 at 11:33 pm to TDawg1313
Posted on 3/17/22 at 11:33 pm to TDawg1313
Chinese investors are flooding the Eastside and have been for quite sometime.
Imagine the property taxes on Meydenbauer Bay
Imagine the property taxes on Meydenbauer Bay
This post was edited on 3/17/22 at 11:37 pm
1
Posted on 3/17/22 at 11:36 pm to Breauxsif
quote:
Chinese investors are flooding the Eastside.
That was a huge issue in the late 2010s. I talked to a couple of agents last month asking if that was still a thing. They said that it tapered off significantly the last few years. Now it is driven by tech. Amazon and Facebook are making massive investments into Bellevue; then you have Microsoft basically in Bellevue and Google taking over Kirkland.
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