dannno
Member
- Joined
- Dec 19, 2007
- Messages
- 65,717
They will have to eat tainted fish .
Nah they'll just have to learn to eat mutton.
They will have to eat tainted fish .
The data on foreign buyers is weak. And likely underplays their influence.
Back in 2006, about 10 percent of California single-family homes were purchased in all-cash transactions, according to the real estate data firm ATTOM Data Solutions. A decade later, it’s nearly 25 percent. That means a quarter of California’s extremely tight housing inventory is unlikely to go to households like the Rothenbergs—moderate-income families who need a mortgage to buy a home.
...
“My guess would be that it’s flipped and that foreign buyers are now having a bigger impact than institutional investors,” said Daren Blomquist, senior vice president at ATTOM.
...
Let’s start with this major caveat: Foreign buyer real estate data is not good. California sales deeds don’t require a buyer or seller to disclose citizenship or residency status. So analysts rely on rough proxies for foreign ownership.
...data relies on a survey of realtors, and could be undercounting.
“For one thing, the survey is conducted in English,” said Oscar Wei, senior economist for the California Association of Realtors. “So if you have Chinese buyers and Chinese agents, they may not necessarily want to participate in a survey written in English.”
Wei also acknowledges that Realtors may not always know the citizenship status of their clients, and that the timing of the survey could bias the overall results towards domestic buyers.
...
The housing market in Vancouver, Canada resembles many California cities. Costs for single-family homes and condos have skyrocketed, making the city and its surrounding suburbs among the priciest places to live in North America.
Vancouver homes have also been a favored destination of overseas investment, primarily from China. Many residents fretted about the influence of foreign dollars on the city’s limited housing stock, but although good data was scarce, experts figured foreign buyers accounted for about 5 percent of home purchases.
Two years ago, under intense pressure from Vancouver residents, the British Columbia provincial government began mandating that homebuyers disclose citizenship on sales documents. The data revealed that in fact, 10 to 15 percent of houses were going to neither Canadian citizens nor permanent residents.
...
https://calmatters.org/articles/dat...-real-estate-in-your-california-neighborhood/
New Zealand, like the other very few top places around the world ranked as the best to live, have not lost their collective minds, yet.
They realize that opening the door to billionaire autocrats is just as damaging to the health and culture of a unique and small environment, as it is allowing massive migrations of hostile and radically different aliens.
Wish we could learn that lesson.
First of all most of the government wealth redistribution is from the rich to the poor. Second, government's job should be to protect its citizens from theft, not engage in it.
Government cannot exist without theft. All forms of taxation are theft and extortion.
But the .01% profit off the programs that let the poor steal from everyone else, if they didn't those programs would be over faster than you could blink even if it took a military coup to pull it off, welfare voters are a problem but the oligarchs are always the root problem.That's not the problem. The problem is the 90% stealing from the 10%. Just look at the tax code and the federal budget for proof.
The banking system is another story.
Freedom can't exist without cooperation and defense against outsiders who do not believe in it.I don't know. Seems like most of America is full of nationalist police state loving Federalists such as yourself. Your delusion is fairly common. Though it would probably be more accurately called brainwashing, but if you cared about facts you wouldn't love the jackboots and hate free market capitalism.
But the .01% profit off the programs that let the poor steal from everyone else, if they didn't those programs would be over faster than you could blink even if it took a military coup to pull it off, welfare voters are a problem but the oligarchs are always the root problem.
I think it's the other way around. I think the welfare voters are the root problem. Welfare voting leads to socialism. Socialism leads to a small minority getting wealthy from political connections (the .01% you're talking about).
If I'm right the cure is to deny welfare recipients the right to vote. If you're right what would be the cure? The problem I have with your theory is that many people like Zippy and TheCount think that welfare voting is necessary to "balance the power" that you're talking about. If anything they seem to think the cure is to get even more of the dependent class to vote.
The welfare voters didn't exist until the oligarchs created them as a tool, we must deny them the vote in order to take that tool from the oligarchs, we must also then guard against the oligarchs other tools and methods which they would resort to such as neo-fuedalism, I believe that that they are preparing to blame all the problems in the world on "democracy" and create a neo-fuedal "New World Order" after having used "democracy" for all they could get out of it.
[MENTION=33507]PierzStyx[/MENTION]I don't know. Seems like most of America is full of nationalist police state loving Federalists such as yourself. Your delusion is fairly common. Though it would probably be more accurately called brainwashing, but if you cared about facts you wouldn't love the jackboots and hate free market capitalism.
I think we can see the problem:
"Auckland boasts more boats per capita than anywhere else in the world."
@PierzStyx
We get rid of the jackboots and restore free market capitalistism by importing millions of people who want jackboots and hate free market capitalism?
Please explain how that works...I'll wait.
True but governments will always exist in some form everywhere. Therefore the best thing to do is try to keep them small.
Freedom can't exist without cooperation and defense against outsiders who do not believe in it.
And calling your mass militaristic police state "freedom" is delusional and stupid.
[MENTION=33507]PierzStyx[/MENTION]
We get rid of the jackboots and restore free market capitalistism by importing millions of people who want jackboots and hate free market capitalism?
Please explain how that works...I'll wait.
I do not.
I want to get rid of it.
Nationalist thugs like you are a scarier problem than any imaginary threat from abroad.
Ya, see, that's your problem, you want a bunch of commies to come into our country and you despise people who actually want freedom and are willing to ensure that they have it. And you don't even know it. Because you won't look at the data.