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re: Signs the inflated real estate market is cooling

Posted on 7/25/18 at 11:48 am to
Posted by dewster
Chicago
Member since Aug 2006
25395 posts
Posted on 7/25/18 at 11:48 am to
quote:

I just heard the other day that wealthy folks that wear table cloths on their head and have more money than they know what to do with are also buying up real estate


Investors in the ME and China are buying a lot of properties in San Francisco, New York, DC, Toronto, Seattle, LA, Vancouver, etc.

It’s a relatively stable place to keep your money.

It also drives up housing prices for millenials.
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