Isn’t this what the Japanese were doing in the 80’s before everything went bust?
Yes, the Japanese bought up some very pricey real estate. Later, they lost a money when the value of real estate plummeted.
Pretty much. The downturn in the real estate market can be costly if you’re over invested. Maybe the Chinese will learn something about that.
You and muir both have it right. They can’t take it with em. However, if they start stripping our country of natural resources and sending to China, that’s another matter.
yes
and the Chi’s have been buying land in calif for decades - in he 70’s, they owned half of Wilshire Blvd - the were major landlords on the Monterey Peninsula - for Ex.
But I WOULD encourage, for this and other reasons, that people get serious about buying from /supporting local farmers and doing your own gardens,
Remember the ages old motto of the despots: “He who controls the food, controls the people.”
IIRC, the japs went for more high profile urban property than the Chicoms are doing.
Yep. Doesn’t stop people from being conspiracy riddled morons though.