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To: bgill; GeronL

Are they buying the homes to live in, to rent out to locals, or to flip at inflated prices?


9 posted on 11/02/2014 10:31:03 AM PST by a fool in paradise (Hey Obama: If Islamic State is not Islamic, then why did you give Osama Bin Laden a muslim funeral?)
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To: a fool in paradise
Are they buying the homes to live in, to rent out to locals, or to flip at inflated prices?

They are buying in order to get their money into dollar denominated assets. The dollar is soaring right now and for the next couple of years.

11 posted on 11/02/2014 11:33:16 AM PST by Vince Ferrer
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To: a fool in paradise

They’d be crazy to rent out to the freaky locals for sure


14 posted on 11/02/2014 1:00:37 PM PST by GeronL (Vote for Conservatives not for Republicans)
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