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Eating into your profits???
I have no profits no gains or losses at risk ! my investments are in stock, bonds, mutual funds.
The chinese are not exempt for paying annual US property and Income taxes (Fed and State).. fact is they better be timely else the penalties and fines kick in.. I bet not many have figured that one out yet.
LarryPatrickMaloney
2012 Mar 21, 3:11pm
Well, maybe those Chinese investors from China will dry up, due to the possible coup attempt.
http://www.washingtontimes.com/news/2012/mar/21/inside-the-ring-436080940/
LarryPatrickMaloney
2012 Mar 21, 3:22pm
There goes the neighborhood!
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20120322000063&cid=1101
...Microblogging accounts of citizens based in Beijing claim to have seen dozens of military helicopters from Nanyuan airfield patrolling the skies above the capital, as well as PLA tanks on the streets. One netizen reported encountering 50 to 60 police officers and anti-riot vehicles near the Dongzhimen area of the city as well as a convoy of trucks carrying PLA soldiers. A video was uploaded to Sina Weibo showing the army transferring artillery from Shandong province to Beijing by train. Though the reports are still unconfirmed, some netizens claimed that they heard gunfire on the streets of Beijing on Monday evening....
It is like a marching wall of soldiers just inching every closer and closer to the heart of the BA. I'll post this heat map again in about 3 months and we will see what happens to it. My guess, All RED!
What website did you find this graphic?
You should compare rents to owning on hotpads.... I found most rentals on hotpads are much higher than a comparable mortgage.
CrazyMan
2012 Mar 21, 11:29pm
It is like a marching wall of soldiers just inching every closer and closer to the heart of the BA. I'll post this heat map again in about 3 months and we will see what happens to it. My guess, All RED!
What website did you find this graphic?
You should compare rents to owning on hotpads.... I found most rentals on hotpads are much higher than a comparable mortgage.
Pretty sure he's referring to desirable areas like the BA.
RentingForHalfTheCost
2012 Mar 22, 4:05am
It is like a marching wall of soldiers just inching every closer and closer to the heart of the BA. I'll post this heat map again in about 3 months and we will see what happens to it. My guess, All RED!
What website did you find this graphic?
You should compare rents to owning on hotpads.... I found most rentals on hotpads are much higher than a comparable mortgage.
Yup, that is a great backup plan to move out of the BA.
RentingForHalfTheCost
2012 Mar 22, 4:06am
We give them too much credit.
But only they know when the easy money like no money down will return. We don't unless we follow the lending behavior of the mortgage lenders after the fact.
Gary Anderson strategicdefaultbooks.com
In the words of Cramer, "They know nothing!"
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Since Patrick is focusing on political rhetoric, I thought I'd re-school him on the basics.
Here is the latest DQNews report for SF Bay Area housing.
http://dqnews.com/Articles/2012/News/California/Bay-Area/RRBay120315.aspx
Looks like RE Limbo to me!!! :)
#housing