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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (86156)1/21/2012 2:26:38 PM
From: RJA_  Read Replies (2) | Respond to of 220297
 
Left in 2000.

Too many folks, usual bad areas & related crime, restricted area between ocean & swamp to build, and a/c reqd 9 mo out of 12, only 3 roads in or out, not self sufficient if push comes to shove...

Water issues, low altitude relative to sea level, hurricane & global warming will kill it w/I next 100 yrs IMHO, if something else (riots?) does not get it first.

Why wait for issues?

JMHO.



To: John Vosilla who wrote (86156)1/21/2012 3:26:34 PM
From: elmatador1 Recommendation  Read Replies (3) | Respond to of 220297
 
A Bank of China and Hurun Report found that 60% of Chinese millionaires have either left or are thinking about it. And in the last fiscal year, about 3,000 rich Chinese applied for investor green cards in the U.S. – up at an 83% compound annual rate from 2007's 270 applications.

For the wealthy Chinese, it’s all about the children — getting them better educated and providing them a place to live without worrying about the government taking it away.

As it turns out, America has plenty of extra real estate. The match between China’s exit capital and the U.S.’s foreclosed real estate problem — 2.7 million 2011 foreclosure filings and rising — could be heaven sent.

Can China's Rich Solve America's Real Estate Problem?
forbes.com