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.
Published: August 18, 2016
For two years a privately held San Francisco company has had a permit to build a 15-story hotel next to the headquarters of Amazon (Nasdaq: AMZN), yet nothing has happened.
Article if interest for you to read: Seattle landlords face new rules
Is it the beginning of the end for land values increasing at ridiculous rates?
Try “drilling down” on the Chinese money story within this story, too. Pretty fascinating.
Published: September 1, 2015
Recent allegations from the U.S. Securities and Exchange Commission against a Seattle-area developer over whether he inappropriately used money from investors might have broader implications on future real estate investment in the Puget Sound region.