Quote from: RE on Feb 07, 2024, 02:09 PMThe rich Chinese are buying RE around you because their own RE market is in the toilet and they are trying to park their money in safe overseas investments open to them. Residential RE is in that class. If it wasn't for the Chinese money, the whole western property market would collapse. It will anyway of course. The Chinese have a poor record investing in RE. They Buy High, Sell Worthless. lol.
RE
I helped one of them cut down a tree a couple of years ago unsolicited when I saw he obviously did not know how to use a chain saw. It was obvious he considered me a madman for helping a stranger. He still lives across the street. I have not seen him since.