Seattle is Hot Hot Hot-If you speak Mandarin What Could go Wrong?

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Seattle is Hot Hot Hot-If you speak Mandarin What Could go Wrong?

Spot The Outlier - Seattle Home Prices Go Vertical As Laundered Chinese Money Flows In

As The Seattle Times points out today, Seattle's sudden surge in home prices is the market's most rapid ascent since just before the housing bubble collapsed a decade ago. 

Meanwhile, to our complete 'shock', the Times goes on to point out that the Seattle market has seen a lot of interest from Chinese buyers of late who like to pay cash (also shocking) for luxury homes that they don't even bother to visit before buying and rarely ever actually occupy.