SF Peninsula (best weather of them all), NYC, London, HK and Tokyo.... with our growth very recent where I still remember much of the area covered by orchards.... and driving to the wharf in SF for fishing and crabbing when I was a kid was easy with light weekend traffic.
>Whatz frightening is I went to an open house of a 5,600 sq ft home they want $5.9M for that is on a busy, crummy street< nowhere but california and nyc here its 700 k Lots of money made in China real estate in major cities they build out to be their versions of the above. Then they move their families out here to be neighbors so they have assets out of the communist country should they suddenly lose their heads for exploiting the people.
The stock market is a "game" rigged by the Boyz but I've learned it is tiny in comparison to what can be done with real estate, public money and zoning rules that change in exchange for campaign contributions and support.
Everyone is so silent Lady Dianne Feinstein (Senator) is married to one of the huge real estate developers.... I bet her term as SF Mayor was really good for the family business...
en.wikipedia.org
- Blum's wife, Senator Dianne Feinstein, has received scrutiny due to her husband's government contracts and extensive business dealings with China and her past votes on trade issues with the country. Blum has denied any wrongdoing.[10] Critics have argued that business contracts with the US government awarded to a company (Perini) controlled by Blum may raise a potential conflict-of-interest issue with the voting and policy activities of his wife.[11] URS Corp, which Blum had a substantial stake in, bought EG&G, a leading provider of technical services and management to the U.S. military, from The Carlyle Group in 2002; EG&G subsequently won a $600m defense contract.[1]
- In 2009 Blum's wife, Democratic Senator Diane Feinstein, introduced legislation to provide $25 billion in taxpayer money to the Federal Deposit Insurance Corp, a government agency that had recently awarded her husband's real estate firm, CB Richard Ellis, what the Washington Times called "a lucrative contract to sell foreclosed properties at compensation rates higher than the industry norms."[12]
- The United States Postal Service has entered into an exclusive contract with CB Richard Ellis to sell buildings that currently house post offices.[13]
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