Rich Americans are buying up real estate over seas

[Votto]

'We saved probably close to $100K': Affluent Americans are snatching up prime real estate in other parts of the world — as the US housing market slumps. Here's how to do it too

Is a 'golden visa' your golden ticket?

www.yahoo.com

Now that the US economy is in the crapper with interest rates absurdly high, right Americans are buying up real estate over seas

In fact, in France interest rates are only at 2%.

Thanks Federal Reserve.

 

[Winco]

Good for them if that's what they desire.

I have No Desire to move over seas, or Canada or Mexico.
Good ole USA is where I want my home(s).

 

[whitehall]

Meanwhile the Chinese are gobbling up American real estate.

 

[okfine]

Wow. That's amazing. Must be sumpin new.

 

[skye]

Meanwhile the Chinese are gobbling up American real estate.

Not only real estate, but huge amounts of farmland.....HUGE!

And Americans let them.

 

[MarcATL]

Sounds like good ole capitalism at work to me OP, isn't that a good thing?

 

[Manonthestreet]

Sounds like good ole capitalism at work to me OP, isn't that a good thing?

You still have capitalism if you prevent an enemy from purchasing your land

 

[BasicHumanUnit]

Sounds like good ole capitalism at work to me OP, isn't that a good thing?

When you can't eat.....let us know. Capitalism is NOT the accommodation of Communism.
Simp.