Thursday, March 31, 2016

China's Gonna Get SCREWED!

http://investmentwatchblog.com/china-is-the-secret-behind-the-us-canada-real-estate-bubble/

And I wouldn't want to be in on this.  We have a Chinese landlord (Taiwanese.  Sorry, Jerry.).  He's a real sweetheart.  Cute, too.  I kinda feel sorry for him.  Buying this place was a huge mistake, but I hope he keeps it.  We've had some real crappy landlords.  The first one we had was also cool.  Never raised the rent, and his daughter; who was managing the place was something else.  Super intelligent, and absolutely gorgeous.  Then we had two sales, and now we have another good landlord who only charges 3/4 average rent, and we don't want to lose him.

Between the thieving governments and the coming population crash, land is not a good investment unless you just want your own little piece to farm out in the middle of nowhere if you survive the immediate mess that's coming.