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re Locals are priced out of the Real Estate Market

Posted by Mr.Copper @ 12:35 on October 31, 2017  

This is also happening in New York and many other places. We spend our, or export our money to foreign nations to buy their exports. Then they get our money, get rich, and buy US property at any cost, and screw us even MORE.

Decades ago I read about the potential problems of US money coming back here, to be redeemed and hitting us in the face. The biggest and best “tax cut” would be a ban on imports. Its really like a global income tax. Every time we spend our income on imports, we are contributing money to foreign nations.

The above is only true if we import MORE than we export. If we imported LESS than we export, then I would love and have no problem with imports.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.