Quote:
Originally Posted by MarkyMark
This will do dick all. Isn't the real problem immigrants who come here and suddenly have millions of dollars to throw at a house with no answers to where it came from other than "business person" ?
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you may have a point, but it's not all foreign money - a big part of this may be the affect on the perception of future price gains.
don't underestimate the strength perception has on overheated (at risk) markets