General Discussion

elljay

(1,178 posts)

136. Same here in Silicon Valley

Sun Jun 19, 2016, 11:46 AM

Jun 2016

My neighborhood used to be a mix of blue and white collar middle to upper middle class. Now, Chinese and non-resident investors have pushed up prices so much that the older residents are taking the opportunity to sell. I now live next door to a 2+million dollar rental house with more coming up and down the block. I used to know my neighbors and we watched out for each other. Now the homes are owned by absentee landlords and temporary residents who don't spend a penny to maintain them and have no interest in developing neighborhood ties. I can't sell because I can't afford to buy anything else. Let's see what happens when the economy has its next downturn and there are lots of layoffs. There will be a lot of people who can no longer pay the 5k per month rentals. http://m.motherjones.com/politics/2007/09/hillarys-prayer-hillary-clintons-religion-and-politics?page=2

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Neoliberalism Will Soon Force Americans to Leave the United States [View all] marmar Jun 2016 OP

Many of us have already been driven out of Manhattan and SF. Why not sell the whole damn country? leveymg Jun 2016 #1

The country is being sold piece by piece. The enormous debt we owe China and Saudi Arabia rhett o rick Jun 2016 #5

You know, the idea that we "owe" money to China or anyone else is a misnomer. A HERETIC I AM Jun 2016 #23

Not talking about sovereign debt. It's the export of jobs and the securitization of real estate leveymg Jun 2016 #45

Yes we do "owe" money to China and others. That's what selling bonds means. A Simple Game Jun 2016 #59

And China is free to sell those bonds on the open market. A HERETIC I AM Jun 2016 #74

And in fact the demand of China and Japan for US Treasury bonds is a good thing JonLeibowitz Jun 2016 #76

Precisely A HERETIC I AM Jun 2016 #79

Yet here I am doubting the will of the American Government to repay it's debt to the A Simple Game Jun 2016 #87

WTF greiner3 Jun 2016 #66

And its happening in Portland OR right now. KPN Jun 2016 #18

Sadly PasadenaTrudy Jun 2016 #39

It absoultely is - Real estate is getting nutty out here. Juicy_Bellows Jun 2016 #77

Investors from China and Developers Have Ruined Our City McKim Jun 2016 #120

Same here in Silicon Valley elljay Jun 2016 #136

Canada, New Zealand and Australia Aerows Jun 2016 #2

There will be nowhere to hide notadmblnd Jun 2016 #4

Well, that was what Kissinger advocated. Aerows Jun 2016 #8

Yes, I understand she admires him greatly notadmblnd Jun 2016 #9

If that doesn't raise an eyebrow Aerows Jun 2016 #10

For those whos heads are not turned by her celebrity- it does. notadmblnd Jun 2016 #12

Getting lots of money from a campaign Aerows Jun 2016 #13

Sadly, here at DU it also raises alerts. Jackilope Jun 2016 #16

Our country is going to rue the day Aerows Jun 2016 #21

It is like watching a trainwreck. We are sheep being led to the slaughterhouse. Jackilope Jun 2016 #35

We are sheep caught in a trainwreck that was headed for the slaughterhouse. leveymg Jun 2016 #46

Bet on it. 840high Jun 2016 #110

Agreed!!!! CrawlingChaos Jun 2016 #92

Years ago I read that Kissinger was the first Jew admitted to Chevy Chase appalachiablue Jun 2016 #80

He married non-Jews elljay Jun 2016 #138

Knew he was in those circles; I'd never heard the phrase a Court Jew. appalachiablue Jun 2016 #141

Incredible, 500,000 people. Delaware's population is around 820,000, appalachiablue Jun 2016 #42

Indeed he did. Aerows Jun 2016 #43

useless eaters shanti Jun 2016 #47

Obvious who the Truly useless eaters and breathers are. eom LarryNM Jun 2016 #67

I think it was 500 million, not thousand AntiBank Jun 2016 #68

That sounds more likely, though still awful for the surplus billions of people on earth. appalachiablue Jun 2016 #73

"...at least until all valuables are stripped by predators." CrispyQ Jun 2016 #127

Don't we know it! appalachiablue Jun 2016 #139

There is no place to hide for the world's 99% probably the 99.9%. They rhett o rick Jun 2016 #14

The 1% will be quite willing and happy to give us jobs lunatica Jun 2016 #28

Well the problem with capitalism and it might be funny if not sad, is that after they take all our rhett o rick Jun 2016 #29

Well, there's that too lunatica Jun 2016 #34

or smoke enough weed. rhett o rick Jun 2016 #124

Yep, thin the herd! KPN Jun 2016 #19

This. I am convinced this is what is happening and will keep on happening. LiberalLoner Jun 2016 #50

That's a lot of real estate for half a million people and their robots to keep up, just saying'. appalachiablue Jun 2016 #69

it was 500 million not 500 thousand and it is the Geoegia Guidestones AntiBank Jun 2016 #91

fake quote popular among conspiracy theorists uhnope Jun 2016 #131

The all have strict immigration laws WhiteTara Jun 2016 #6

Yes. On my list. Aerows Jun 2016 #7

$600,000 to be more accurate. And it's a security deposit in exchange for KPN Jun 2016 #20

I've looked at Belize, Costa Rico, Guatamala and Ecuador WhiteTara Jun 2016 #27

Yeah, we're still here too ... KPN Jun 2016 #52

What about Zika virus in the southern hemisphere, and the US too appalachiablue Jun 2016 #75

time to harvest pregnancies and grow the fetus in labs to assure good health swhisper1 Jun 2016 #82

Maybe we could just find a vaccine.. whathehell Jun 2016 #116

sorry, I am writing a scifi book,but as a woman, it is easier on the body swhisper1 Jun 2016 #117

I'm a woman as well, so I can appreciate that aspect of it whathehell Jun 2016 #118

I am not a mosquito magnet WhiteTara Jun 2016 #93

What about marriage? notadmblnd Jun 2016 #38

There's that too I guess. My spouse and I are already married to one another though. KPN Jun 2016 #54

marriage has become a farce, best contract every year, since its a mans world, let him swhisper1 Jun 2016 #84

Ecuador is good Warpy Jun 2016 #53

So have you spent time in Ecuador and Uruguay? KPN Jun 2016 #55

Only on Google Warpy Jun 2016 #60

Well, here's hoping you return to good health if you haven't already. KPN Jun 2016 #142

I Have Spent Months in Uruguay Over the Years McKim Jun 2016 #121

Good to know. Have never been there. KPN Jun 2016 #143

This message was self-deleted by its author rjsquirrel Jun 2016 #102

At the risk of being blunt Aerows Jun 2016 #103

This message was self-deleted by its author rjsquirrel Jun 2016 #104

Luckily Aerows Jun 2016 #106

This message was self-deleted by its author rjsquirrel Jun 2016 #119

And go where? The2ndWheel Jun 2016 #3

A world war is coming. roamer65 Jun 2016 #11

The next war will be via the internet or equivalent. Corporations will fight each rhett o rick Jun 2016 #17

Unless you live in the sticks Aerows Jun 2016 #33

I would like to discuss this farther. rhett o rick Jun 2016 #123

I'd be interested in a thread on this topic. CrispyQ Jun 2016 #128

Clearly since we are having this discussion in the first place Aerows Jun 2016 #145

I agree. All signs point to this. KPN Jun 2016 #22

A bit of unasked for advice... Peacetrain Jun 2016 #15

Yep. Be wary! KPN Jun 2016 #24

Luck of the genetic lottery Aerows Jun 2016 #26

Where we gonna go? Octafish Jun 2016 #25

I got my eye on Uruguay. JEB Jun 2016 #30

My French is up to date. Aerows Jun 2016 #32

It's true. nt zentrum Jun 2016 #31

To where? PasadenaTrudy Jun 2016 #36

Hot humid country? You ever been to the State of Georgia in the summer? YOHABLO Jun 2016 #86

NO! lol PasadenaTrudy Jun 2016 #94

Neo liberalism is a destructive path felix_numinous Jun 2016 #37

+1 Yuge intervention and Big Tawk. We need a mega Marshall Plan appalachiablue Jun 2016 #71

Interesting. fleabiscuit Jun 2016 #40

Already Gone. nt truebluegreen Jun 2016 #41

Leave and go where? Helen Borg Jun 2016 #44

We loved our short time in . . FairWinds Jun 2016 #48

Whia Johnny2X2X Jun 2016 #49

People are talking about their actual lives, not the artificial abstractions of statisticians. earthshine Jun 2016 #56

inconvenient truth, you speak. See my post at end of thread nt uhnope Jun 2016 #130

This message was self-deleted by its author rjsquirrel Jun 2016 #51

To get a retirement visa in Thailand requires only a monthly income of $2K per month or Just reading posts Jun 2016 #61

This message was self-deleted by its author rjsquirrel Jun 2016 #62

The point is that a dollar goes much further there. Just reading posts Jun 2016 #63

This message was self-deleted by its author rjsquirrel Jun 2016 #64

A "colonialist"? Really? Just reading posts Jun 2016 #88

This message was self-deleted by its author rjsquirrel Jun 2016 #89

Please explain exactly how someone retiring in Thailand is "colonizing" them. Just reading posts Jun 2016 #90

This message was self-deleted by its author rjsquirrel Jun 2016 #96

If we can't agree on common definitions, what's the point of discussion? Just reading posts Jun 2016 #99

This message was self-deleted by its author rjsquirrel Jun 2016 #101

Thank you, that's very gracious of you. Something of a rarity in interneet discussions! Just reading posts Jun 2016 #132

Thank you rjsquirrel Jun 2016 #133

Extensive kjones Jun 2016 #137

There's something of a difference between an oil sheik and a middle class retiree. Just reading posts Jun 2016 #135

This message was self-deleted by its author rjsquirrel Jun 2016 #140

Hm....still disagree. Just reading posts Jun 2016 #144

I have a good life here in Thailand, Paka Jun 2016 #112

If I were to retire in Thailand (which is very unlikely), I would have a steady income of $45K/year. Just reading posts Jun 2016 #113

You can indeed live well on 45k US a year. Paka Jun 2016 #115

You don't want people in the US who use words like neoliberalism??? JonLeibowitz Jun 2016 #78

This message was self-deleted by its author rjsquirrel Jun 2016 #83

Yeah, I agree. Let's just call it "capitalism" then........ socialist_n_TN Jun 2016 #97

This message was self-deleted by its author rjsquirrel Jun 2016 #98

IKR? Hydra Jun 2016 #109

That is what they want. Niles Ferguson actually put it in one of his applegrove Jun 2016 #57

Can't stand him, or his programs I've seen. appalachiablue Jun 2016 #72

His WW1 book was surprisingly good (assuming we're talking about Niall) Recursion Jun 2016 #95

Many more will not be able or willing to leave. Rex Jun 2016 #58

And go where? malaise Jun 2016 #65

what sucks for me is undergroundpanther Jun 2016 #70

I'm packed and renewed my passport swhisper1 Jun 2016 #81

We'll give it our earnest consideration if Trump is elected; not otherwise. Hekate Jun 2016 #85

Actually, the fleeing has already begun ... to the Pacific Northwest ... DrBulldog Jun 2016 #100

Be Prepared to Have Good Manner and Values McKim Jun 2016 #122

What a glum lot. redstateblues Jun 2016 #105

It's a holiday in Cambodia. roamer65 Jun 2016 #107

FYI for your early-leavers ... you have to be under 55 to migrate to modern New Zealand . . . DrBulldog Jun 2016 #108

Bye Felicia tandot Jun 2016 #111

K&R avaistheone1 Jun 2016 #114

Portugal. -nt- NorthCarolina Jun 2016 #125

My house is the size of a postage stamp & worth $350k. CrispyQ Jun 2016 #126

what a load of bogus codswallop. uhnope Jun 2016 #129

I can envision a brain drain Vogon_Glory Jun 2016 #134

Please go. All of you. Throd Jun 2016 #146

In fairness, when I discuss retiring in another country, it has nothing to do with politics. Just reading posts Jun 2016 #147