By Robert Sproul
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2016 Oct 29, 7:37am
1,276 views 3 comments
China is estimated to have 2.5 million millionaires by 2020. Here they come:
"More than 60 per cent of Chinaâ€™s richest people plan to invest in properties abroad in the next three years, with three American cities â€“ Los Angeles, San Francisco and Seattle â€“ topping their list of destinations, a report shows."
Exactly. There is no reason a trailer in Seattle should not cost 22 times the GDP of Portugal.
Homeowners rejoice. Renters despair.
Upside: More servant jobs for millennials.
Does Trump U have a course project for MillXYs on how to become a butler for well heeled Chinese to get out of Mom's basement?