[nufsed]

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.

[bruinbirdman]

"The trip would focus on California, particularly San Francisco and Los Angeles, where big Chinese populations might make his clients more comfortable, but might also include Nevada. "

We've got a couple of nice condo towers cheap and a few Station Casinos standing idle.

yitbos