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'Ghost' Foreign Investors Buying Palo Alto Homes, But Keeping Them Empty - CBS Local

http://sanfrancisco.cbslocal.com/2015/04/28/realtors-printing-brochures-for-silicon-valley-homes-in-mandarin-to-attract-chinese-buyers/

PALO ALTO (CBS SF) — Neighbors in Palo Alto say houses are getting bought up by foreign investors who never move in, leaving neighborhoods full of empty homes. Lifelong Palo Alto resident Tom Wacha says he sees a lot of the uninhabited homes.

Submitted in section: Paranormal news 2015: 'Ghost' Foreign Investors Buying Palo Alto Homes, But Keeping Them Empty - CBS Local

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