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Oct 21, 2011 | Posted by: roboblogger

Foreign buyers scooping up U.S. homes

Full story: WFMZ-TV Allentown

International purchases of American homes are ramping up, and a new Senate bill designed to boost the ailing real-estate market would encourage globe-trotting investors to buy even more.

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“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

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#1
Oct 21, 2011
 
Muslims moving into your nieghborhood?
OOOps

Allentown, PA

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#2
Oct 22, 2011
 
So where are the Americans going to live? Wallstreet maybe. LOL
conservative crapola

Whitehall, PA

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#3
Oct 22, 2011
 
Get off your wallet if it bothers you. You only rent one part of your street.
ICU

Lebanon, IL

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#4
Oct 22, 2011
 

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LBJ tried something like this with his great society programs. Block busting with muslums will make many rich, but even more lose homes in the long run. Just another example of liberals ruining this country
OOOps

Allentown, PA

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#5
Oct 22, 2011
 
ICU wrote:
LBJ tried something like this with his great society programs. Block busting with muslums will make many rich, but even more lose homes in the long run. Just another example of liberals ruining this country
Soooo it's the liberals ruining this country , eh? Actually I don't think it has anything to do with liberals or conservatives for that matter. I think the problem goes beyond that.
Realtor

Brooklyn, NY

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#6
Oct 22, 2011
 
It is true. Recently we have seen hundreds of foreign buyers coming in from Asia, Europe, and the Middle East. They are looking mainly for high end properties, and are scooping them up at bargain prices with cash. Enough have come into the market that prices have leveled off and even started in increase in certain high end areas! If this keeps up, we will be seeing a significant turn around in the real estate market very soon.
where

Easton, PA

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#7
Oct 22, 2011
 

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St.Louis where whole blocks are being leveled forcing moves to other blocks soon to be leveled.
ICU

Lebanon, IL

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#8
Oct 22, 2011
 
Realtor wrote:
It is true. Recently we have seen hundreds of foreign buyers coming in from Asia, Europe, and the Middle East. They are looking mainly for high end properties, and are scooping them up at bargain prices with cash. Enough have come into the market that prices have leveled off and even started in increase in certain high end areas! If this keeps up, we will be seeing a significant turn around in the real estate market very soon.
So its time to buy buy buy you say?
You people have been preaching that crapola for years as young couples perish daily trying to pay for that overpriced junk you sell
The best thing about the bubble popping is that Realtors are going broke

“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

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#9
Oct 22, 2011
 
“I will change our bankruptcy laws to make it easier for families to stay in their homes,” Obama told supporters at a Colorado rally on September 16, 2008, the same day as the bailout of AIG.

http://www.propublica.org/article/dems-obama-...
Drink the Hive

Anonymous Proxy

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#10
Oct 22, 2011
 

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Your Mortgage Payment Will Change With Your Property Tax, Remember That...

http://www.youtube.com/watch...
ICU

Lebanon, IL

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#12
Oct 22, 2011
 

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Foreclose em and auction em. Flush the mess out of the system and quit prolonging the agony
triple witching hour

Pittsburgh, PA

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#14
May 10, 2012
 
in case you havent noticed uncle sam is in debt 16 trillion times 4 ,and the states 6 trillion times 6,and the county cant afford toilet paper,in jersey..unfunded pensions etc.arent mentioned. credit cards and electronic transfer have taken the place of cash. read your money "federal reserve".theres not enought to go around.im waiting for checks to start bouncing
thepelicanbrief scenario

Pittsburgh, PA

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#15
Jun 1, 2012
 
i hope some body told them that they just bought into the county tax structure about 3 or more percent per year,in 30 years it will be over 100% of its value. if there is any value.AND THAT DONT INCLUDE INSURANCE, CLOSING FEES,REPAIRS,MAINTAINCE or that public housing project down the street.the one jokingly called "mixed income". you know ?the one that politicians dont live near,and have been rebuilt 3 times in 45 years ,from high rise to low rise to mixed income.because its cheaper to rebuild them than to pay the exterminator .and ps they dont pay any taxes,because their a government authority.you pay ....in vt new public housing costs over $300,000 each, twice as much as the average vt home...welcome to america

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