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Record Drop in Foreigners Buying U.S. Houses


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2018 Jul 27, 7:20am   3,678 views  20 comments

by Patrick   ➕follow (55)   💰tip   ignore  

https://www.wsj.com/articles/record-drop-in-foreigners-buying-u-s-homes-1532632676

Foreign purchases of U.S. homes had their biggest drop ever, bringing relief to waves of American house hunters who have struggled to compete in affluent neighborhoods with wealthy buyers from abroad.

Purchases by international buyers totaled $121 billion in the fiscal year ended in March, down from $153 billion the previous year, according to a survey by the National Association of Realtors released Thursday. That 21% decline was the largest on record, the NAR said.


(for-pay article)

Comments 1 - 20 of 20        Search these comments

1   bob2356   2018 Jul 27, 8:51am  

That 30 billion in a 2 trillion sales market is going to brink relief to waves of American house hunters. Yea sure, right. ROFLOL.
2   FortWayne   2018 Jul 27, 8:58am  

Trump is really kicking ass there. I feel like liberal policies sell America down the river. While Republicans make America stronger.
3   JZ   2018 Jul 27, 6:10pm  

We are all being sold down to another river.
4   Patrick   2018 Jul 27, 11:16pm  

TBH, the mainstream Republicans are no friends of working people either. The Democrats abandoned the working people in favor of tranny bathrooms.

It's only Trump who has stepped outside of both parties.
5   JZ   2018 Jul 28, 8:38pm  

There is NO friend or foe of the sheeple from the elites. Trump, as well as Obama, Bush, Clinton are all executors of US global strategy representing the interest of the elietes. The goal is about control, both domestic and foreign. Clinton, Bush, Obama is about blowing bubbles and let the world borrow to over produce and Trump is to tighten it up. If not Trump, somebody else would achieve the same goal maybe using different means. Trump understands where the vote is and how people feel after the Clinton, Bush and Obama years, so he used it to achieve what needs to be done with the voters thinking he actually represents them or risking himself out for them. The end result is that US would take a lot less damage than the rest of the world economically. (Farmers are proudly taking the hit for Trump while they think Trump is taking the hit for the country). If that goal is NOT achieved, war. Trump is executing the last phase of the script.
6   bob2356   2018 Jul 29, 5:52am  

Patrick says
It's only Trump who has stepped outside of both parties.


So true. Neither of the parties have ever thought of giving a huge tax cut that almost all goes to benefit the wealthy before. Defiantly out of the box. Oh wait, I forgot. That's been done multiple times and has been the republican platform for 40 years

Never mind.
7   PeopleUnited   2018 Jul 29, 6:14am  

JZ says
Trump is executing the last phase of the script.


where can we read the script you speak of?
8   Onvacation   2018 Jul 29, 6:56am  

PeopleUnited says
where can we read the script you speak of?

Members of the audience are not allowed to see the script. They just have to see how the show unfolds. Political theater.
9   MrMagic   2018 Jul 29, 7:25am  

bob2356 says
Neither of the parties have ever thought of giving a huge tax cut that almost all goes to benefit the wealthy before.


That's because the wealthy are the ones PAYING the majority of the taxes in the country.

Should we give additional tax breaks to the people paying ZERO taxes now?

Duh...
10   Strategist   2018 Jul 29, 9:21am  

MrMagic says
Should we give additional tax breaks to the people paying ZERO taxes now?


If you are too poor to pay taxes, you should get a 100% tax cut.
11   bob2356   2018 Jul 29, 11:47am  

MrMagic says
bob2356 says
Neither of the parties have ever thought of giving a huge tax cut that almost all goes to benefit the wealthy before.


That's because the wealthy are the ones PAYING the majority of the taxes in the country.

Should we give additional tax breaks to the people paying ZERO taxes now?


The wealthy own almost all the assets. The wealthy derive enormous benefits from government. Duh.

We should p ay down the debt during a booming economy, not borrow more. Simple enough. Duh.

What happened to Ryan and Mcconnel crying debt and the deficit are the biggest problems facing the country. Duh.
12   MrMagic   2018 Jul 29, 12:58pm  

bob2356 says
The wealthy own almost all the assets.


That's why they're called "wealthy"... duh

bob2356 says
We should p ay down the debt during a booming economy, not borrow more. Simple enough.


Sure, how are you going to get the bottom 50% who use all the infrastructure and pay ZERO taxes now to support it, to pay their fair share, so the government doesn't have to.... duh...

bob2356 says
What happened to Ryan and Mcconnel crying debt and the deficit are the biggest problems facing the country. Duh


Pelosi and Schumer are handling that now, the baton was passed... duh...
13   MrMagic   2018 Jul 29, 12:58pm  

Strategist says
MrMagic says
Should we give additional tax breaks to the people paying ZERO taxes now?


If you are too poor to pay taxes, you should get a 100% tax cut.


That's exactly what the liberals think and how they do math.
14   Strategist   2018 Jul 29, 1:23pm  

bob2356 says
MrMagic says
bob2356 says
Neither of the parties have ever thought of giving a huge tax cut that almost all goes to benefit the wealthy before.


That's because the wealthy are the ones PAYING the majority of the taxes in the country.

Should we give additional tax breaks to the people paying ZERO taxes now?


The wealthy own almost all the assets. The wealthy derive enormous benefits from government. Duh.

From taxes paid by the wealthy. Duh!!

MrMagic says
bob2356 says
The wealthy own almost all the assets.


That's why they're called "wealthy"... duh

ROFL. ROFL.
15   marcus   2018 Jul 29, 7:51pm  

JZ says
If that goal is NOT achieved, war. Trump is executing the last phase of the script.


You were making sense for the first few sentences.

If what goal is not achieved ?

And war with whom .
16   anonymous   2018 Jul 30, 9:57pm  

bob2356 says
Patrick says
It's only Trump who has stepped outside of both parties.


So true. Neither of the parties have ever thought of giving a huge tax cut that almost all goes to benefit the wealthy before. Defiantly out of the box. Oh wait, I forgot. That's been done multiple times and has been the republican platform for 40 years

Never mind.
He gave a tax cut so that people would get back more of THEIR OWN MONEY. Once again, IT'S THEIR MONEY.
17   bob2356   2018 Jul 30, 11:41pm  

MrMagic says
Sure, how are you going to get the bottom 50% who use all the infrastructure and pay ZERO taxes now to support it


Zero? They don't pay sales tax, property tax (including renters), state taxes, tax on airline tickets, cable, telephone, gas, tarrifs/excise/customs on any imported goods they buy, the corporate income tax with goods they buy, fees, tolls, etc., etc., etc.

So riddle me this, What is the biggest item causing federal debt? Military. Whoops, that's not freeloaders infrastructure is it? More than double medicare and medicaid put together. The biggest use of the military? Protecting US corporate interests around the world.
18   bob2356   2018 Jul 30, 11:47pm  

PrivilegedtobeWhite says
He gave a tax cut so that people would get back more of THEIR OWN MONEY. Once again, IT'S THEIR MONEY.


Then they shouldn't have spent so much money putting people in office that wanted to overspend then should they? Its their DEBT too.
19   Strategist   2018 Jul 31, 10:07am  

bob2356 says
The biggest use of the military? Protecting US corporate interests around the world.


Silly myth. If it wasn't for the military, we would be speaking Russian.
20   MisdemeanorRebel   2018 Jul 31, 10:15am  

Strategist says
Silly myth. If it wasn't for the military, we would be speaking Russian.



If it wasn't for the US Military, we could laugh our asses off while German, French, and Italian soldiers were deployed worldwide and second-guessed at every turn.

"Oh, those Europeans, such imperialists, deploying to yet another Middle Eastern Country."
"Sgt. Bruno Cipiano was a racist for accidentally shooting that Houthi. Bad Italians! Very Racist! Blood on their hands!"

(/sarcastic)

Also, it would give us a huge comparative advantage, Europe not the US would have all the military spending they couldn't use to compete economically with us.

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