Comments by "worn down" (@worndown8280) on "15 MILLION VACANT HOMES! Details Revealed" video.

I have always believed banks never fully liquidated their foreclosed assets after the last housing crash. Also some of these homes may be the estates of recently deceased boomers and silent geners that have yet to be liquefied or settled.
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People complained about Japanese investment in the 80s. People were screaming that the Japanese were going to own everything. Union workers tearing up toyota cars on the evening news in protest. The Japanese invested their money here, over paid for assets here, because they understood that even if they took a 20% loss here, it would be better than the 50% loss they would take back home. I imagine a lot of the foreign investors are Chinese. They are looking to do the same as the Japanese did 3 decades ago. The US has always allowed investment from everywhere in the world. Its what makes American different and attractive. And while putting taxes or restrictions may address some small issues, I think the long term harm to investing would be worse than the current issue. High prices always fix themselves.
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@vids595 really? Wow! I never knew that. But people who are investing demand certain rates of return. And that's why you are going to see a sudden push and final push into real estate from these investment funds.
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