According to the San Francisco Chronicle, foreign investors represent an increasing share of Bay Area real estate owners.
Drawn by the relative bargains after housing’s free fall of the past few years, many foreign citizens view U.S. residential real estate as a safe place to park their euros, pesos, rupees, loonies, pounds or yuan.”
As someone who worKs as a graphic designer at a real estate company
whose clients are primarily Chinese…I can totally attest to this.