Detroit homes for sale on the SouFun website each with a $10,000 price tag.
They may want to try walking a block in that city first...
Maybe the US will become the paper tiger as China was in the 19th century. At that time, China suffered decline due to drug abuse (imported opium from Afghanistan by the British), and a country divided by competing warlords. As a result, China’s major cities were colonized and controlled by foreign powers.
More drugs (imported from the same place by the CIA) and civil war could easily lead to the same thing here.
Should be American millionaires buying it up but ...
Wait a minute!! Does that mean the Chinese are going to STOP buying the $1.5 million fixer-uppers in Palo Alto? Or are the poor Chinese headed to Detroit?
Purchases of run-down Detroit homes headed by prominent Chinese investor Wei To Lo.
Instead of WASTING his money on charities, Bill Gates, Buffett and the rest of the rich assholes should be buying up detroit, taking the loss and explaining it as “environmentally friendly/community centered” philanthropy, and creating parks, farms or factories in place of the current ruins.