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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: tejek who wrote (2114)2/21/2014 11:41:18 AM
From: Jurgis Bekepuris  Read Replies (2) of 2722
 
Then you haven't talk to someone from Antioch or Pittsburgh or Oakland.
You are talking about 30+ mile commutes to Silly Valley. Once we start talking about 30+ mile commutes, there's no point talking at all. There's always a place that you can buy that will take you 2+ hours to commute from in traffic.

Asia's cost advantage is slowly but surely disappearing.
That's not what I am talking about. I am talking about the cutting edge software and hardware. Sure, for now the risk is minor, since Chinese as Japanese before them have not produced worldwide breakthroughs in software. Neither have Indians. But I think Chinese still have a chance if we talk long term. Fortunately for USA, I don't think the chance is very big in coming 10-20 years.
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