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Replying to:

Bled White

30 June 2007 14:34
When will the Red Chinese ’wake up’ and start buying American real estate with their trillion-plus dollars? America has wide open, relatively unpolluted spaces, desireable housing stock,and tons of natural resources and farmland — especially compared with crowded China, which is frenziedly contaminating it’s land and water in a maddened scramble for increasing industrial production. And US housing prices are sliding towards a devastating crash — due in part to homeowner’s greed (using paper equity increase as ATM machines, buying huge McMansions, (...)


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