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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: John Vosilla who wrote (2296)6/19/2014 9:11:18 PM
From: Smart_Asset  Read Replies (1) of 2722
 
<<We have a significant amount of money coming from China. It's just speculation whether it's greater than some other pool of money but certainly in the urban areas at starting price points, $400k to $700k, it is the tech money. As mentioned earlier Amazon is giving 'signing bonuses' upwards of $30k. Many of these new hires are by way of China, US educated and techies.

There has been money from Vancouver, not necessarily Chinese, in the Seattle market for decades.>>

"I am guessing most of these buyers have great credit scores, lots of equity and HELOC's to tap?"

You must be referring to the Canadian buyers and I suppose they do have lots of equity and can tap that.
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