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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (144094)7/5/2014 12:23:52 PM
From: koan  Read Replies (1) | Respond to of 149317
 
When all the money is concentrated in a few hands then they buy and live in the best places and run everyone else out.

Look at the world and who lives where. The rich and powerful always take the best land.

In Alaska the best land was on the ocean. More food and less bugs. The Inuit controlled most of it.

In the US the rich get richer and the middle class poorer. Where I live it is seen as a pristine safe sanctuary and big money is pouring in to get a piece.

The same thing happens at the best water holes in Africa.

The powerful take the best of everything. Always have.



To: John Vosilla who wrote (144094)7/5/2014 6:54:30 PM
From: ChinuSFO  Respond to of 149317
 
Influx o f capital from the Pacific rim countries during their years of prosperity ( Japan, Taiwan etc.). And then a lot from Hong Kong when the British were leaving.



To: John Vosilla who wrote (144094)7/8/2014 10:52:13 AM
From: ChinuSFO  Read Replies (1) | Respond to of 149317
 
This issue of "rich getting richer..... " , "plutocrats etc.and pointing to the fact that certain real estate markets are becoming unaffordable as a result is overblown. As I mentioned earlier, there is a huge influx of foreign money particularly in Hawaii and the West coast.
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Land Grab: Rich Chinese are snapping up America's real estate

....contd at finance.yahoo.com