I was looking at the Pulte Homes website and noticed that they have a separate sign-up sheet for international buyers. They must have many buyers from overseas.
I know Irvine and LA is full of buyers from Taiwan. And that Miami/Ft Lauderdale attracts buyers from Venezuela, and South America.
Do you guys think that, in San Diego, we have buyers from Mexico or other locales? Somone I know who is an estate planning attorney says rich Mexicans all shelter some of their money in America.
Those buyers are not residents and would be the first to bail in a downturn.
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