Friday, January 22, 2016

OCHN: Why do politicians want foreign investment in real estate?

Foreign investment costs politicians nothing, and it provides them tangible and taxable assets.


Have you ever gone to an Irvine new home model center and seen buses of foreign tourists on a shopping spree? I have, and I suspect many others have seen the same thing. Anecdotally, Irvine...
Why do politicians want foreign investment in real estate?

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