Foreign Buyers with Housing Prices
Interesting read, I am not sure I agree with it.
The foreign buyer argument –Cerritos California has 82 percent of households listed as homeowners. Median income of $82,000 does not support city median price of $540,000. If it did, you would not see homes falling by $231,000 in a few short years. - Dr. Housing Bubble
The foreign buyer argument –Cerritos California has 82 percent of households listed as homeowners. Median income of $82,000 does not support city median price of $540,000. If it did, you would not see homes falling by $231,000 in a few short years. - Dr. Housing Bubble
Labels: chinatown
posted by Ray Ritchey at
3:40 PM
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