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.
It might not be wise to believe that the Governor’s newly signed into law “criminal justice reform” HB 3653 will do anything to appreciate Chicago property values. Trashing the rule of law will only invite more crime, while encouraging productive tax payers to flee. Prepare for further real equity shrinkage coupled with rising taxes and devaluation of currency. “You will own nothing, but you will be happy.” Nuh huh.
“But he said it was unclear whether the trend would last.”
Clear to the rest of the country but unclear to him. Uh huh. What mix of properties is in your portfolio, boss?