Posted on 06/05/2023 7:52:40 PM PDT by Rummyfan
Or hell, just skip right to "This is John Galt speaking" instead of reading the whole thing...
Related...
Interesting list at that link.
Barracks for all those unmated adult males it intends to import.
Maybe the Chinese should bring their police force over as well.
BLM is really not going to enjoy Chinese policing.
“…concerns over street conditions…”
So, after losing that kind of money, still can’t say exactly why. Riiight…
Thank you. It’s really too bad the beautiful cities of the United States are in such decline.
I visited London and Barcelona last Fall. And visited Rome in 2019. Why can’t our cities be as beautiful, world-class, and as stunningly classy as Europe’s?
I don’t see why we can’t do better.
“I don’t see why we can’t do better.”
One visit to Lagos and you will understand.
“Get out of REIT’s NOW.”
My elderly parents had a “wealth management” company put a lot of their money in REITS.
When they died I dumped that garbage in a heartbeat.
No elderly person should be near that stuff—and the professional financial advisors that put them in it should all go to jail.
Have visited each of the cities you mention multiple times. Much of Europe is struggling with immigration. Paris is in a pickle, most recently with the decision to raise pension age, in addition to worker demands for higher wages. The locals have not taken the news without widespread strikes and protests. We live in interesting times.
I wonder when the DOJ is going to start their investigation into the hotel asset overvaluation by the REIT Parks Hotels & Resorts, just as they did to President Trump?
Let’s face it, getting over triple the asset value - as did Wells Fargo in the building just sold in S.F. - less than two years ago is pretty well impossible.
Looks like all of these REITs are going to be falling out of favor.
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