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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?
China is estimated to have 2.5 million millionaires by 2020. Here they come:
"More than 60 per cent of China’s richest people plan to invest in properties abroad in the next three years, with three American cities – Los Angeles, San Francisco and Seattle – topping their list of destinations, a report shows."
http://www.scmp.com/news/china/money-wealth/article/2041025/60-cent-chinas-richest-people-plan-invest-abroad-and#comments