[EagleUSA]

The sell-out of America continues. Thank you Washington, DC.

[JasonC]

Anybody forcing you to sell anything, at any price other than one you agree to?

[Mike Darancette]

The sell-out of America continues. Thank you Washington, DC.

We went through this in he 1980s when Japan was buying everything in sight. The A-Rabs are not going to buy property and move it to A-Rabia. If they are dumb enough to play flip-this-property in this market let them. Let the A-Rabs bail out the banks, rehabilitate the property then sell at a discount to some American family.

[HawaiianGecko]

  "The sell-out of America continues. Thank you Washington, DC."

What does this have to do with Washington?  So someone bought a house with a note they couldn't afford?  The house was on the market to begin with.  It would have fallen in value anyway if no one bought it.  All this fund is doing is buying up foreclosed property that's a big drain on our financial organizations.  Are you suggesting that our banks should start closing down rather than sell off these money draining properties?

[buwaya]

I’m sorry to say that the attitude expressed here is very silly. This is in fact very good news.

Foreign investment is a GOOD THING.

The only arguments against it are either paleo-Marxist fantasies or purely emotional hyper-tribalism.

I spent a good part of my youth trying to get foreign investment into a semi-scoialist third-world country, fighting attitudes like this.

[dr_who]

This is what they call a bail-out. The money we showered on them is now coming back to us. These awful foreigners are buying the properties in order to make money off of them long after their oil reserves run out. But with people with your sort of vision, it’s not at all certain they won’t lose their shirts in the long run.

[mouse1]

Digging for diamonds wont lower the price of diamonds so, despite the fact that you have diamonds on your property, you shouldnt dig them out. Instead, when diamonds are at an all time high, buy your diamonds from a foreign source. Export as much money as humanly possible so foreign
entities can buy up US landmarks like the Chrysler Building (and the mortgage on your house by bailing out the banks and foreclosed property and struggling businesses).

While you are busy exporting trillions to buy diamonds, work hard to make diamonds obsolete thru new technology. That way, all the potential trillions you have in diamonds of your own eventually becomes worthless as you let them rot in the ground.