Hacker News new | ask | show | jobs
by renewiltord 1785 days ago
Considering that foreigners have to buy new build, how do you reconcile that with your view? What evidence would cause you to think it is not foreigners?
2 comments

I guess I didn't know that was a law? It's not in the U.S. Foreigners can buy anything they want.

But I don't think the distinction is meaningful, higher new build prices would drag up existing home prices.

They still heat the resale market