China’s Newest City: We Call It “Detroit” (the One Way global Economy Strikes Again)
ED. Note: Foreigners are not allowed to purchase as many properties as they wish. … Foreigners buying property in China are required to have a Chinese name …
Manufacturing has been destroyed and shipped off to China, Mexico et al. Post depression, Detroit has been working to rebuild itself with Deflation of property being an excellent opportunity to create a new and better Motown! This effort has been blocked by the Federal and Local government tightening the noose of regulations, and compliance laws.