General Discussion

montanacowboy

(6,717 posts)

7. There are a lot of Chinese

Tue Jan 26, 2021, 11:17 PM

Jan 2021

purchasing homes and renting them out. They are also buying up a lot of townhouses. The Seattle market is red hot. A decent house rental hovers around 2800 - 3300/month. And then they want first, last and security deposit and if you have pets that is another hefty charge on the monthly bill.

You cannot even find a shack to buy for $500,000. There is nothing out there. I have two friends who are renting from Chinese landlords who do not even live here.

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Home prices rise at fastest pace in more than 6 years [View all] Yo_Mama_Been_Loggin Jan 2021 OP

Lowest In History Interest Rates Are A Huge Reason sfstaxprep Jan 2021 #1

You nailed it. mtnsnake Jan 2021 #4

I am a RE photographer. It's all I do. Ferrets are Cool Jan 2021 #2

Low inventory describes Portland Oregon right now MissB Jan 2021 #12

A local realtor in San Diego said that the increase is too high and not sustainable. BigmanPigman Jan 2021 #3

San Diego has been crazy FreeState Jan 2021 #9

Most people are still working. nt. Mariana Jan 2021 #10

They will fall at a pace not seen in many years theneworiginal Jan 2021 #5

There are a lot of Chinese montanacowboy Jan 2021 #7

We owned a townhouse in Seattle and sold it a couple of years ago. nolabear Jan 2021 #11

I also shoot foreclosures. I think a LOT of my business will come from these properties Ferrets are Cool Jan 2021 #14

I'm seeing houses in the mid-Atlantic area going for $30-50,000 over listing price. Marie Marie Jan 2021 #6

Or hours. Minutes maybe. JenniferJuniper Jan 2021 #8

My crystal ball says... Xolodno Jan 2021 #13