Inflation is a big factor. Also, foreign money. The relative value of the dollar makes our real estate look very attractive to foreigners.
Investors are scooping up properties en masse. I suspect some of those investors are ChiComs.
Also, foreign money. The relative value of the dollar makes our real estate look very attractive to foreigners.Good point.
Every day things look, feel and stink more and more like the Carter years.
Obama hasn't invented time travel to the past but he sure knows how to make it feel like he has.