[quote=evolusd][quote=ocrenter]There’s also the China Bubble. Chinese money is a big component of several sub-markets in the Bay Area, LA/OC and SD. Mountain View being a big part of that sub-market that may be aversely affected. [/quote]
Do you think there’s a possibility, given the recent Chinese stock and bond market freak out, that even MORE money will flow from China into US residential real estate as a ‘safe haven’?[/quote]
I suppose that is certainly possible. But if the Chinese economy continues its downturn, they will likely devalue the yuan even more. Can you imagine if the yuan went back to 1:8 instead of the 1:6 we’ve seen over the last 4-5 years? They’ll be looking at a drop of 25% on their buying power if that happens. The worse is certainly not over yet.
