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The eastern Sierra is where many of socal folks retire to. With benefit to stay close to Ca's big city without paying the high tax or the crazy home prices. My cousin and her husband bailed at 53 as aerospace engineers from Torrance so they can go fishing all freaking day and night.
that foreign money is floating in big time real estate like a broken fire hydrant. Plenty of flow. The residential is chump change for them. Many are just simply not interested. They are building high rise apartments right smack in the middle of some pretty expensive part of town. this is not just one building, but multiple projects. Some sit empty so they are parking their money driving that market further. I know its happening in SD, SF, Seattle, but I an mot sure about Portland.
Last edited by look 171; 03-26-2015 at 01:19 AM..
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