Reply to 43% of home purchases are all cash

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Reply to "43% of home purchases are all cash"

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[quote=Anonymous]these comments are pretty spot on

Guest  • 8 minutes ago

Lol. I laugh at all the asian bashing..

You know.. People use to say, "keeping up with the joneses down the street".

News flash.. The Joneses are broke. They ATM'd/HELOCed their home to death on worthless bling and couldn't afford to keep their homes...They don't live on the street anymore. They got foreclosed on or had to sell short.

The Wongs, Kwans, And Yamamotos live on the street now.. And you should try to keep up with the Wongs, Kwans, And Yamamotos.....Because chances are they have high paid STEM jobs or businesses, and they bought their homes with cash.....
  
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Comment1234 > Guest  • 2 minutes ago

The Chinese middle class saves 30-40% of their annual income, that is why they are doing so well. The American middle class became a nation of hyper consumers in the 70s and voluntarily redistributed their wealth to the "1%" that kept saving and investing. Consumerism is even rampant among the bottom of the 1% with doctors and lawyers who earn several hundred thousand per year being broke

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