For Chinese Home Buyers, Seattle Is the New Vancouver
Canadian city’s tax-policy changes appear to be driving overseas investors south
Hasnain says:
Good news for those who already have a house, bad for those who don't?
"Stella Guo, a third-year university student from China, and her family recently purchased two waterfront properties in Seattle for more than $5 million each. The family owns a Chinese development company and is also looking at building projects in the northwestern U.S.
Ms. Guo, who attends college in Arizona, said she doesn’t plan to live in Seattle full-time but wanted a place for her and her family to relax on vacation and was drawn to Seattle’s temperate climate,"
Posted on 2017-05-08T03:15:24+0000