Posted on 02/01/2009 7:01:34 PM PST by hreardon
Maybe the declines are more dramatic in Florida, LA, Las Vegas etc. where they soared at one time.
I’m not sure what that has to do with anything. It would appear that these folks are investing not moving in so what’s the point. Since they are investing I’ll bet they will do what they can to protect the investment after it is made.
BTW living in FL, it is/was considered a place of mass immigration. Just not all of it from outside the US. LOL
First they got our jobs, and now they’re coming to buy American homes with the money they made from our jobs. That really sux! The globalist traitors in DC have destroyed many America families, because of their greed and their lust for power! They should be tried and be executed for their crimes, or at least spend the rest of their lives in prison without the possiblity of parole. Our way of life is over.
There, I fixed that for you. LOL There is not one state that has escaped being over run by Illegals.
They are welcome to buy up houses in our area. And if they put their kids in our public schools, we might increase our math score averages....
Good points....somehow the Free Traders will spin it that the ChiComs helped the housing market.
Amazing how some who go around claiming “free market capitalism” are in bed with the largest most bloody Communst party ever to exist
Japan isnt Communist China...
Celebrating Communist Chinese purchasing American real estate is sick...and wealth redistribution even Marx, Lenin, and Stalin couldnt dream of...
You have it backwards. The capitalist Chinese are buying homes from the Commie Americans. This country is turning into a socialist hell while China moves ahead with capitalism. China has many problems but it is moving in the right direction for property rights. We are moving in the opposite direction
What re-education camp did you stay at?
China moving in the direction of property rights? You reallt believe THAT?
I know that the Chinese have lots of cronyism and environmental problems. I still believe they are moving towards property right protections. You have to admit that we are moving in the opposite direction. The Chinese are very capitalist. The corruption in the government can get in the way. If you can stay under the radar, you can operate with much less interference than here. I think it is much easier to start and operate a small business in China than here.
Yeah America loses again.
You should send them your resume as well, because they’ll own you soon enough.
Right they’ll just come here to put us in servitude
Chinese small businesses in America act with very little restrictions alright, illegal gambling backroom, prostituion rings, opium dens, all the good stuff.
And whe they open up their busnesses to under cut yours! Oh that’s when the real fun begins!
Woohoo!
As a former Realtor, I can say that negotiating with Asians is a whole different ballgame. They start impossibly low (or high if selling), and negotiate endlessly. It’s a game to us, it’s their CULTURE. While Americans will get bored or angry after about 3 counters, Asians are just warming up. That being said, I’ll let anyone overpay for my house if they are of a mind to do so.
They do indeed make good neighbors, and are in general quiet, honest, clean, hardworking citizens.
Are you speaking about Chinese in the USA or in China? In China, there are probably very severe penalties for some of these activities. China could use more regulation and enforcement for vices. Still, the Chinese economy is much freer than ours. The Chinese need more property rights and environmental regulations. They are moving in the right direction as we move in the opposite direction.
Ironically, buying those properties was also one of the smartest things the Japanese did. Some lost money, some broke even and some even made money. But all of them did better in US real estate than they did in Japanese real estate and stocks. I suspect the Chinese experience will be similar.
How can an economy in which the government owns majority stakes in most of the country's largest companies (and handpicks the senior executives from the ranks of the children of senior Party members) be freer than the American economy?
You raise a good point. The Chinese obviously have problems with cronyism at the top. I have heard complaints while visiting China just as you indicate.
Counterbalancing the top cronyism is the lack of the myriad of stifling laws that we have. I think it is far easier to employ others, operate a business, and start a business provided that you are not big enough to draw attention from the local party hacks. If capitalism did not flourish in China, the economy would not have grown at such a high rate. I think there should be more regulation to deal with obvious labor and environmental problems, but even with some level of additional regulation, China has a freer economy than we do or at least that we will after the rats control the show for the next years.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.