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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (26459)1/6/2005 2:09:12 PM
From: ArvRead Replies (2) of 306849
 
Elroy, I'm mostly just a lurker and find your posts consistently well-thought out.

But when you write "When people cannot meet the requirements to emigrate to a place like Europe or Australia they have to settle for America." -- I get the feeling you are letting "homerism" get in the way. In my experience, USA is the place to emigrate to bar none even today.

I personally know of only one individual (in recent times) who picked Europe or Australia over USA. [Of course, I'm only speaking of working stiffs in high-tech.] Btw, the outlier-individual went to Australia from California for reasons quite disconnected with work/economy. The ones that make for Europe and Australia today (from India and China in particular) are the ones who couldn't get a shot in USA. It is certainly possible that the ones that go to Australia are the lucky ones.
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