[dragnet2]

The Communist Chinese have been buying up America for decades...

Now they’ve been joined by Muslims and drug cartels using straw buyers to buy of all the franchises etc...

We’ve been betrayed...

Profits regardless of consequences.

[entropy12]

The Chinese workers work harder for much lower wages.
China has over one million new millionaires, exploiting the cheap labor pool.

[tbw2]

Vancouver real estate became the second most expensive in the world because many Chinese buyers bought a condo for a million to have a place to live if they wanted and secure an investment visa.

[jonascord]

Not all that long ago, the Japanese were doing the same thing. They'd pay two or three times the asking prices on properties, basing the values on Tokyo real estate prices.

They got hosed when the boomlet in Japan collapsed. The Japanese were stuck with properties that sat empty, since the rentals they had to charge to pay the loans were twice what the guy down the block was charging. They would be forced to sell back at a substantial loss, getting back only 50% of the price they paid. The Japanese banks have never recovered.

Now, these super clever Communists are paying Hong Kong prices for San Francisco properties. When you consider that current rentals in SF are driving everyone out of town, the Chinese are going to get raped.

And, just like then, the MSM were yapping how the Japanese going to buy the whole country. I think I'll wait awhile before I panic.

[GraceG]

Sadly

Better Red, than Mo ham ed....