There are reasons why real estate has inflated so much. The real estate industry, mortgage industry, and lenders have powerful lobbys. Lobbys buy votes. Foreign lobbyists are running around D.C. with bags of cas. Congress is for sale. Both parties line up for free cash every day.
Have You Seen This Site Yet? . . . Brief excerpt from the site that is right on point:
The top 10 industries lost to foreign acquisition were: * Real Estate; Mortgage Bankers and Brokers ($6.70 Billion, 27 Companies)
(Want to learn more?)Did you note see my request that one of your sources NOT be your site?
And if foreign companies are taking over the mortgage business, why is the mob letting them do it? All your previous post claim the mob was taking it over.