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Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (2181)	3/26/2014 1:24:27 AM
From: tejek	Read Replies (1) \| Respond to of 2722

Sounds just like parts of Vancouver and NYC. Incredible some hoods where the plutocrats want to be are now far above their 2006-07 peaks when things were already insane and credit was easy to get. Skyline is being transformed in SF, Houston, Miami probably even Seattle with all this crazy funny money looking for a home. Who'd have thought we'd double down on Gilded Age luxuries just six years removed from the worst financial crisis since the Great Depression. In 2008-09 I thought I'd never see that again in my lifetime Its been going on in American cities for decades. Since WW II, this country has been a safe haven for foreign money. The S. Americans and Brits are active in your market. Pretty much every ethnic group in the world has a foothold in LA. The Chinese are not new to LA.........they have been there for at least 2 decades. And even with all the foreign buyers, LA is no where near its 2007 price high...........very few cities are.