Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
goobster · 1735 days ago · link · · parent · post: “I’m helping a lot of foreign buyers get their money out of this country as fast as possible.”
I can just see the MAGAidiots chanting, "Fuck Yeah! Murica!" and celebrating kicking those dang furriners in the balls, and making them feel unwelcome in White America... Problem is, there are literally only about 2,000 Americans who can even consider buying a $30m condo (and most of those couldn't afford a second one) and tens of thousands of foreigners who would be absolutely happy to pour their money into our economy. Now these places sit empty. Not paying for utilities. Not paying for services. Not patronizing local businesses. And all that money leeches out of the US economy... ... Foreigners bought less than $78 billion worth of U.S. residential real estate in the year that ended in March—a 36% decline ...