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Rich Foreigners Like Suburbs, Too
Submitted by MLewyn on Tue, 02/10/2015 - 8:56amOne common argument against new construction (especially high-rise construction) in cities is that rich foreigners will soak up any new housing supply. This argument is of course based on the assumption that urban high-rises, and only urban high-rises, are irresistible to rich foreigners. ... read more »