Doom and gloom isn’t new. What caught my eye here was how the real estate company’s CEO saw US tax policy as a direct inhibitor of foreign inbound real estate investment. Go to number (2) in the points he raised.
Personally I think this is a bit myopic. Yes, tax policies matter. But has anything else in the financial market been happening since summer, 2007? Oh, hypothetically, a massive meltdown?
Investors that I work with are sitting on their wallets. They see asset prices decreasing, so there is no great rush to buy.
I think sane business decisions might have a lot to do with why this gentleman sees a sharp decrease in inbound (to the US) capital flows
UPDATE: the tax ruling the gentlemen was referencing is discussed in my post here.
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