Comment by socalgal2
1 month ago
1. It's only an investment because of limited supply.
2. Chinese investors buying up and not living there is effectively a myth. There just are aren't very many of them.
3. What's special about "Chinese"? If a rich NYC finance person buys a vacation home in SF is that ok? How about a Brit or German?
The supply may be limited because the people who own property want it to remain so.