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Chinese property hunters to raid US
ft.com ^
| December 5 2008
| Geoff Dyer
Posted on 12/05/2008 4:59:44 PM PST by thetru
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1
posted on
12/05/2008 4:59:44 PM PST
by
thetru
To: thetru
SouFun, the biggest real estate website in China ... "Buying Amewica is SO FUN! HAHAHAHAHAHA!!!"
To: LiberConservative
The Japanese tried this trick, too. How'd they do?
yitbos
3
posted on
12/05/2008 5:05:33 PM PST
by
bruinbirdman
("Those who control language control minds.")
To: thetru
I pay for a 100,000 Chinese to move to Detroit. Provided they each show a functional AK-47 at customs.
4
posted on
12/05/2008 5:05:41 PM PST
by
Leisler
("Give us the child for 8 years and it will be a Bolshevik forever. " Lenin)
To: thetru
5
posted on
12/05/2008 5:09:11 PM PST
by
GOP Poet
To: thetru
Good. Maybe the influx of buyers will help drive home prices back up a bit. (I know low prices are good for buyers, but for those of us watching our equity sink ever lower, higher prices would really be welcome.)
6
posted on
12/05/2008 5:11:51 PM PST
by
Maceman
(If you're not getting a tax cut, you're getting a pay cut.)
To: bruinbirdman
“The Japanese tried this trick, too. How’d they do?”
They bot at the (then) top, buying trophy properties out of hubris. The Chinese (in this case) would clearly be buying at semi-distressed prices, perhaps not the bottom. I’m not telling you that any Chinese buyer is going to walk in and snag a deal. I know of plenty of Chinese who bought small apartment buildings out of a belief that “it’s a way to build LT wealth” who will NEVER achive pos cashflow on them
To: thetru
8
posted on
12/05/2008 5:15:48 PM PST
by
Oratam
To: Leisler
If they move to Detroit they’ll certainly need a functioning AK if not more.
9
posted on
12/05/2008 5:19:24 PM PST
by
gotribe
(obama just sucks - your wealth away)
To: bruinbirdman
The Japanese tried this You wrote it before I could. Nice one. BMTA
10
posted on
12/05/2008 5:21:59 PM PST
by
Migraine
(Diversity is great... ...until it happens to YOU.)
To: thetru
Kalifornia will hit the new owners up with some hefty taxes, cause Arnie’s broke.
To: Leisler
Hell, I’d take 1 million CP members in Detroit, with their AK47s..... they might actually save Detroit and the state of Michigan.
12
posted on
12/05/2008 5:33:46 PM PST
by
Enchante
(Countless Innocents in Mumbai, India Suffer the "Religion of Peace" in Action)
To: thetru
Wiverside Cawifornia.....gawden spot of West Coast!
To: Attention Surplus Disorder
The point is that ChiComs are not really that good at capitalism, especially when it comes to private property.
yitbos
14
posted on
12/05/2008 5:43:55 PM PST
by
bruinbirdman
("Those who control language control minds.")
To: thetru
Alla youa house are berong to us now.
Nice Chinese famiry come live heah.
You get out now. You rive in stleet. We own youa asses.
15
posted on
12/05/2008 5:47:31 PM PST
by
stboz
To: bruinbirdman
Yahoo news. 750,000 best and brightest Chinese students competed for 13,500 government jobs.
16
posted on
12/05/2008 5:48:53 PM PST
by
Leisler
("Give us the child for 8 years and it will be a Bolshevik forever. " Lenin)
To: stboz
Dwog? We no see ur dwog.
Eh, you want buy ‘spare rib’, eh? Cheap!
17
posted on
12/05/2008 5:51:16 PM PST
by
Leisler
("Give us the child for 8 years and it will be a Bolshevik forever. " Lenin)
To: thetru
We came in second recently on two deals in the San Gabriel Valley. Chinese buyers, in both cases, came with cash and went 30 and 50,000 above the list price and blew us and other bidders out.
We're all worried about illegal Mexican immigration and rightly so, but the SG Valley has been seeing a big influx of Chinese and other Asians since the early 1990.
When the defense contracts dried up about the beginning of the Wilson administration, the Chinese, mostly from Hong Kong, put $5 billion into Cal and saved us. Maybe some of that will happen again.
18
posted on
12/05/2008 5:51:35 PM PST
by
nufsed
To: Leisler
"Yahoo news. 750,000 best and brightest Chinese students competed for 13,500 government jobs. "Best ChiCom jobs are in the government. What does that say?
What is a bright ChiCom brain? Come to U.S. at 60% off?
yitbos
19
posted on
12/05/2008 5:55:17 PM PST
by
bruinbirdman
("Those who control language control minds.")
To: bruinbirdman
The Japanese tried this trick, too. How'd they do? Try Pebble Beach fiasco!
20
posted on
12/05/2008 6:06:00 PM PST
by
danmar
(Tomorrow's life is too late. Live today!)
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