Quote:
Originally Posted by whatnext
Of course the extreme irony here is that alot of that money is flowing into our city right now because governments in China are taking action to curtail speculation there. All three levels of government here are simply to spineless to do the same.
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Yes they are spineless, and it will be the citizens who pay. Its not like you can turn back the clock. Unless something dramatic happens nationalizing foreign owned properties is not a option for numerous reasons. The longer they wait the worse it will be, like I have said it shouldent be hard for people to explain what has happened everywhere else and WILL happen here. And the worst part is it could happen here much quicker for the reasons you mentioned.
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