News, Chinese homebuyers are flocking to these U.S. states

[tinytrump]

YES I said in earlier posts didn't care where they were from, its not about the people themselves. it is about corporations. And yes the foreign investment has always been- but now it has a different business plan, and is much much larger than it has ever been,

QUOTE_-Some might call this just plain old capitalism.
But when the market is rigged so that Wall Street and the Big Banks are the winners - it's not capitalism - it's cronyism.

Real Estate "Flopping" The New Corporate Screw Job

you know I am not the only one crying foul here. Simple math, it's becoming a monopoly and worse, another country will own all we have, and as corporations are now people, they will say how we should live, or not.

[tinytrump]

http://www.orlandosentinel.com/business/os-borrow-cash-homes-



20140818,0,5250989.storyMost Orlando luxury home transactions are cash sales - Orlando Sentinel

Crowdfunding is just one new financing option that has emerged in a metro area where 56 percent of all home sales were paid for with cash in May, "We're never the sponsor of the loan and we're only the marketplace," founder Nav Athwal said. "We're trying to provide an alternative to banks."

outside the box funds hmmm

[Electrician4you]

Originally Posted by tinytrump

YES I said in earlier posts didn't care where they were from, its not about the people themselves. it is about corporations. And yes the foreign investment has always been- but now it has a different business plan, and is much much larger than it has ever been,

QUOTE_-Some might call this just plain old capitalism.
But when the market is rigged so that Wall Street and the Big Banks are the winners - it's not capitalism - it's cronyism.

Real Estate "Flopping" The New Corporate Screw Job

you know I am not the only one crying foul here. Simple math, it's becoming a monopoly and worse, another country will own all we have, and as corporations are now people, they will say how we should live, or not.

This has been happening for more than few years now. You want to blame someone? Blame the banks and the government for changing the rules on foreclosures and how those foreclosures get handled. Back in 2012 I was getting deals snatched out right from under me by cash investors. I finally gave up. The few houses I " won" the bid on I didn't have the issue with what I offered because I was willing to pay. What I had a issue with was the 50-80k in repairs needed from all the deferred or nonexistent repairs.
All the loan mods are designed to do is get money for the bank. ALL these loan mods, declining to foreclose and keeping houses off the market or REIT/REO deals banks make to sell or rent properties to hedge funds. Is designed to make old bank loans (from the bubble era) solvent by reselling to another person or getting rent in until prices get back up to sell for the old loan amount. It's by no means designed to help Joe American or Suzy Homemaker.
All banks want is high prices to clear old loans. And the FED is suppressing rates to make housing "affordable". Because the ONLY way to make housing affordable is to keep borrowing rates low. Another way is to basically up the income. That/0s what the FED tried to do with QE but IRS simply not working. So now they don't know what the f to do.