Japanese purchasing our homes
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Japanese purchasing our homes
| Thu, 02-26-2009 - 12:32pm |
I saw in the news yesterday that several groups of Japanese people went to California to purchase homes that were on sale and homes on foreclosure. That's well and good for the banks and the owners of those homes but might this become a trend? They came by the bus full! What will this do to our economy? Is this a good idea? Isn't selling our homes the same as large companies hiring foreigners? How can this improve our own economy. Wouldn't it be better if we kept the money here?
I'm not a financial whiz... What are your thoughts?
I'm not a financial whiz... What are your thoughts?

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