Blog

08/26/2015

The Yuan and Seattle

Seattle’s tallest tower was purchased by a Hong Kong company just two weeks ago.

Did this purchase represent the peak of Chinese investment in the Seattle market?

The devaluation of the Yuan made everything in the U.S more expensive. Seattle has been a target for overseas investors, but the plunge of the global stock market and increase in commodity prices may take a tangible effect in Seattle.

Read more at PSBJ:

http://www.bizjournals.com/seattle/blog/2015/08/chinas-woes-inject-uncertainty-into-seattles-real.html