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What was the outcome on overseas real estate from Japanese investors? Capital flight from China is impacting US real estate prices (particularly in the Bay), so
by shostack 11y ago
What was the outcome on overseas real estate from Japanese investors? Capital flight from China is impacting US real estate prices (particularly in the Bay), so I'm curious what we can learn about possible real estate scenarios over here should China implode.
My current thinking is that capital outflows will increase the worse the situation gets until China cracks down in a major way, or they are tapped dry.
- gozur88 11y agoThe Japanese bought up US commercial real estate like crazy leading up to 1989. Then they cashed out after the bubble popped. They lost their collective shirt, too, because of the way the timing worked out.