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A comment on Chinese Money in the U.S. Dries Up as Trade War Drags On. Parent comment

Re:Chinese Money in the U.S. Dries Up as Trade War Drags On by asah on Sunday July 21, 2019 @01:51PM (#20492598)
It doesn't take much to distort the real estate market.
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Re:Chinese Money in the U.S. Dries Up as Trade War Drags On by cheriot on Sunday July 21, 2019 @02:02PM (#20492682)
In June alone, California saw 389,690 home sales worth $238 billion. Markets that large are not moved easily.

https://www.car.org/marketdata/data/countysalesactivity

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Re:Chinese Money in the U.S. Dries Up as Trade War Drags On by pixl97 on Sunday July 21, 2019 @02:18PM (#20492787)
That depends if there is a ratchet in said market. Housing availability has a large leverage in sticky upward prices, especially with large amounts of low interest debt availability.
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Re:Chinese Money in the U.S. Dries Up as Trade War Drags On by cheriot on Sunday July 21, 2019 @04:21PM (#20493429)
Housing prices are slow to fall as owners delay sales, but, as we saw in 2009, they do fall when the fundamentals change.
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