Friday, November 25, 2016

The Asian rebalance making housing unaffordable

Yes, there are twin deficits.  When those Yawkers tell you rates are low, what they really mean is they plan to sell houses to Asians. We like it in California, but I am not sure the rest of America feels that way. Voters need to remind themselves, the consumer, ultimately and soon, will pay the interest expense on the Republican debt deluge.

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