The Chinese have already had extraordinary impact on real estate values on the Eastside. Now all of Seattle will be impacted and Seattle government thought it had an affordability problem before this happened.
It’s also happening in Los Angeles. Let’s hope our politicians are paying attention.
Published: September 7, 2016
There was no question that British Columbia’s new tax on foreign homebuyers would ripple into the United States, and the early numbers show a significant impact.