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


To: Proud Deplorable who wrote (46190)12/28/2005 1:48:50 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"Here's what's in the cards. The Chinese and Japanese will wait for the US property crash which is inevitable. If it doesn't unfold as fast as they would like they are in a position to crash the housing market in the USA faster by not buying any more treasuries thus sending interest rates way up as the dollar crashes too fast. Then the asians move in for the kill buying everything in sight at bargain basement prices. Welcome our new landlords. They worked hard and were shrewder and so they deserve to run the USA. Question is in my mind is who in their right minds would want to."

All I can say is that if the Japanese are that smart, they sure learned from the late 80's era where they bought US real estate at a top.