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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (25768)	12/9/2004 10:15:55 AM
From: microhoogle!	Respond to of 306849

You are right - it has not happened in the past and probably not going to happen in future either. However if a government - any government is squeezed really tight - they might be prone to populist measures. Here is a scenario I lay out for you - Saudi Arabian citizens buy all available real estate in Manhattan, LA and DC assuming their currency can buy a lot against our superly devalued dollar. Further assume we go into war with Saudi's for their active role in supporting terrorists who happen to inflict harm much larger than 9-11 tragedy. What do you suppose will happen to the real estate of the Saudi Citizens - especially if the US also happens to be in depression ? Now my imagination is running wild. Yahoogle stop searching your imaginative brain. <vbg>