Commercial real estate bottom???

[fdjake]

The ONLY person here that said CHINA was 100 years behind us was YOU!   

As far as your THEORY about China's "FREE MARKETS" 
Try selling that to the people attempting to get CHINA to STOP manipulating their CURRENCY!!!

As to the higher wages companies pay OVER the minimum wage requirement.

"All those costs are passed on to the consumer."

Like at WALMART????

They pay MORE than minimum wage and STILL have lower prices than ANY of their competition!

China is a HOUSE OF CARDS.......NO ONE......NO ONE knows what really happens there because the only NEWS you get is the GOVERMENTS VERSION.

China......RIGHT NOW.....Has a HOUSING BOOM going on very similar to ours.

As I said:  In the 1970's Americans thought the SOVIET UNION was a HUGE ECONOMIC POWER.....Once the TRUTH came out, we found out that it was all PROPAGANDA.

But that could NEVER happen in CHINA.....A country that literally STOPPED TRAFFIC in their Capitol so the STENCH there wouldn't hurt their IMAGE!!!

Yea......China's  MUCH different than the old Soviet Union....

[propertymanager]

FDJake,

I agree with you that both China and the old Soviet Union were in a different league than the United States.  I also agree that the reason China and the old Soviet Union were substandard is that we had freedom while China and the Soviet Union don't/didn't.   So, since socialism wasn't successful in either China or the USSR, why is Obama and his socialist comrades taking us as fast as possible toward socialism?

[fdjake]

Let's see what NOVEMBER brings before we have the FUNERAL for the UNITED STATES of AMERICA....

Agendas on BOTH sides are about to get a little REALITY CHECK!!!

And THAT is what people FORGET.....That's what makes this Country TRUELY DIFFERENT!!!  The ability to CHANGE the people in charge when WE want to!!

Let's see CHINA'S population CLEAN HOUSE politically......THAT'S NOT HAPPENING....and THAT is a HUGE disadvantage for them!!!

China is playing an OLD RECORD.....Everyone knows the tune, and everyone knows how it ENDS......Until you design a system where the PEOPLE have the FREEDOM to COMPETE,  you are DOOMED TO FAIL when competing with Countries that not only ALLOW competition, but ENCOURAGE IT!!!!

CHINA won't even let thier CURRENCY compete head to head with other Countries......They play a "FIXED GAME"

How did you do so well, so fast in YOUR Real Estate business Mike???

Answer........You OUT THOUGHT and OUT WORKED your COMPETITION because you were ALLOWED TO......No one but YOU stood in your way!

Don't ever forget that.........EVER!!!!

[Sean_L]

Take a look at this article. This shows what happens when you lose manufacturing jobs...

http://finance.yahoo.com/career-work/article/109424/labor-force-polarized-as-middle-skill-jobs-disappear-report?mod=career-worklife_balance&sec=topStories&pos=5&asset=&ccode=

[John_in_NC]

Have you guys seen stossel's new show, "Is free trade good"??? It addresses a lot of points being argued in this thread.


http://www.youtube.com/watch?v=3gkcJ3onI5E&playnext_from=TL&videos=JeKeK73WklI&feature=sub

[jinosbrovens]

I think the market has been holding and it seems businesses have adjusted to this economy and are willing to hire.I think the problems with violence lately, especially on the west side is causing many to be cautious again and is most likely keeping new businesses from coming into downtown and will have less home real estate activity.All this needs to be considered.