Chinese Investors Driving Up Metro Housing Prices

[cornholio]

Originally Posted by Nutterbug

So we should really be hoping for a Chinese collapse, so that we have more buying power compared to them?

Anyways, what you say is interesting. It reminds me of what an old Czech friend told me. Shortly after the fall of the Iron Curtain, and while the native Czechs were severely set back after 70 years of communism, it was the wealthy Germans who bought up property and inflated the prices there.

And that is why they very quickly had to develop policies to stop that out there.