You pay additional $0.75 at Walmart so you don't have to go to China yourself.

It looks like i will be leaving america for a few years, i'm going to taiwan to teach english; i think its going to be lovely over there.anyone ever been to china before?

The lower social class or less sophisticated will likely take it on the chin, as many will take the Ostrich approach and stick their head in the sand, hoping the problem will just go away.  

Cultural area of Japan, tons of UNESCO World heritage listed sites, high barrier entry (less competition), shortage of hotels, lower penetration of China and international buyers.

I believe that people who are giving up on the American real estate market are missing a very important point: the BRIC (Brazil Russia India China) emerging economies could place so much demand on commodities used to build single family homes, that the cost appraisal of real estate in this country could soar.Whatever happens, it’s going to be interesting.

The one thing that I will say having managed properties in other countries (China and Russia) is that you need to have a firm grip on the culture and the culture surrounding rental properties, land ownership, law enforcement, court systems, etc. 

if no license is required to bring buyers and sellers together then there would be no real estate industry and all no department of real estate in each state etc etc.. be just like China they have no rules anyone can do anything.Kind of like student pilots who never actually get their license but continue to fly for  years and years totally illegally.. or doctors that practice without proper license or no license at all.. etc etc.. its the law that's why many brokers like myself protect our industry..

Solar panels are cheaper in China.  

I just moved back here after completing ministry school in norther california and living abroad for 8+ years in Taipei, Taiwan, Hong Kong and Beijing, China where I started a successful (but small) cloud computing ERP/IT company.  

It never cease to amaze me how screwed up this industry is sometimes so I would like to reach out to all BP members and reinforce that one's reputation is like fine china, once its broken, no matter how well you put it back together it will never be the same.A few years ago, I had a discussion with someone how told me that they really hated real estate people because they all lie and mislead you.