I wish I knew.

We had a huge problem with that when we were looking to buy houses (like in the cheapest-but-still-insanely-priced part of town) with foreign investors with full price offers. I still can’t even conceive of people who have $700,000 to just buy a house they’ve never seen and isn’t necessarily in good condition. Where is their money from? How is there seemingly so many of them? Why can’t they put their money into the part of the market I don’t care about?

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