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Nice Side Benefit From Trade War: NAR Has Fit As Chinese Pulling Out Of US R/E Market; Bashes Trump!

By OccasionalCortex following x   2019 Jul 17, 2:00pm 388 views   11 comments   watch   nsfw   quote     share    


Foreign purchases of American homes plunge 36% as Chinese buyers flee the market

“We call it the Trump effect. It’s a combination of anti-Chinese political rhetoric, a clampdown on visa processing, and of course tariffs,” Carrie Law, CEO and director of Juwai.com, said in a recent interview. “The Trump effect is undercutting some of the primary drivers of Chinese demand for U.S. property, including buying homes for students who are studying in the U.S. and the country’s reputation as a safe investment.”


So translation from the original wu mau Mandarin: NAR is complaining because one of the artificial drivers of increasing home prices is Chinese Helicopter Parents buying homes so their spoiled Little Emperors don't have to live in a dorm. And now that such 'demand' is collapsing they bitch that it is Trump's fault.

Well good! I hope it is Trump's fault!

...and Fuck NAR! Fuck Realtards! Fuck China!

https://www.cnbc.com/2019/07/17/foreign-purchases-of-american-homes-plunge-36percent-as-chinese-buyers-flee.html

1   FortWayneIndiana   ignore (4)   2019 Jul 17, 2:13pm   ↑ like (3)   ↓ dislike (0)   quote   flag        

Finally America will be for Americans, and not Chinese communist officers and their stolen millions.
2   APOCALYPSEFUCKisShostikovitch   ignore (41)   2019 Jul 17, 2:19pm   ↑ like (6)   ↓ dislike (0)   quote   flag        

Unless every chinaman is FREE! to buy a house with white slaves he can kill, gut and eat at will. FREEDOM! has no meaning!
3   Iranian_Oil_Burse   ignore (5)   2019 Jul 17, 2:21pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

Nooooooooooooo! My $3M shaaaaaaaaaack!
4   mell   ignore (2)   2019 Jul 17, 2:32pm   ↑ like (3)   ↓ dislike (0)   quote   flag        

Good.
6   Tenpoundbass   ignore (14)   2019 Jul 17, 4:14pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Why wu wu well just look at all of the buyers here in the US that can't afford housing. What is the NAR worried about?
7   Ceffer   ignore (2)   2019 Jul 17, 5:09pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

It's the 'torture of a thousand depreciations'! The fiends have done it again! That's it, solar patio lights from Walmart are dead to me.
8   SunnyvaleCA   ignore (0)   2019 Jul 17, 5:18pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

FortWayneIndiana says
Finally America will be for Americans

Here in Sunnyvale it's more like: America will be for Indians.
9   tovarichpeter   ignore (2)   2019 Jul 19, 2:47pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Great catch. You did indeed beat me to the punch on this one.
10   Patrick   ignore (1)   2019 Jul 19, 7:05pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Perhaps this has something to do with the price plunge in Cupertino.

https://patrick.net/post/1325828/2019-07-16-200-000-median-loss-on-houses-in-cupertino
11   BayArea   ignore (1)   2019 Jul 19, 7:17pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Anti-Chinese rhetoric? LOL

How about the part where housing prices have gotten so fucking high, there is limited upside for buyers (Chinese or otherwise)...

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