Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Mortgages are affordable due to historic lows in interest rates but property tax’s are not. You can work with the lender and have payments lowered or deferred for a while but property tax’s are completely off the table. There is no negotiating with tax’s. If you are late 1 1/2% per month in late fees.No partial payments allowed. So many could keep there homes if tax’s were capped at 1% like Indiana but will lose them to excessive tax’s.