General Discussion

yortsed snacilbuper

(7,939 posts) Sun Jun 15, 2014, 09:34 PM Jun 2014

Chinese investors buying up U.S. golf courses

"A golf course is a kind of symbol of status — a thing you can be proud of and show off,"

It's hard,to overcome the fact that, from a Chinese perspective, the U.S. courses can look like screaming bargains.

link

5 replies

= new reply since forum marked as read

Highlight:

Chinese investors buying up U.S. golf courses (Original Post) yortsed snacilbuper Jun 2014 OP

Oh crap, TexasTowelie Jun 2014 #1

Sounds like capitalism to me. delrem Jun 2014 #2

They're going to ship them back to China? NV Whino Jun 2014 #3

The Chinese want to play golf? icymist Jun 2014 #4

IIRC a Japanese consortium had to save Pebble Beach LittleBlue Jun 2014 #5

TexasTowelie

(112,168 posts)

1. Oh crap,

Reply to yortsed snacilbuper (Original post)

Sun Jun 15, 2014, 09:55 PM

Jun 2014

now the conservatives who say that the president plays too much golf will accuse him of aiding communist China.

delrem

(9,688 posts)

2. Sounds like capitalism to me.

Reply to yortsed snacilbuper (Original post)

Sun Jun 15, 2014, 10:16 PM

Jun 2014

They've got plenty U.S. cash to invest -- in fact they're overflowing in it, the US being so fond of wars -- so why not invest it in U.S. golf courses? And in U.S. natural resources? Why should it matter who the common people are in servitude to, so long as those with the capital can call the absolutely unregulated shots?

NV Whino

(20,886 posts)

3. They're going to ship them back to China?

Reply to yortsed snacilbuper (Original post)

Sun Jun 15, 2014, 10:56 PM

Jun 2014

icymist

(15,888 posts)

4. The Chinese want to play golf?

Reply to yortsed snacilbuper (Original post)

Sun Jun 15, 2014, 11:02 PM

Jun 2014

Huh. Who knew?

LittleBlue

(10,362 posts)

5. IIRC a Japanese consortium had to save Pebble Beach

Reply to yortsed snacilbuper (Original post)

Sun Jun 15, 2014, 11:05 PM

Jun 2014

A rival group from the US wanted to develop it into luxury homes.

I have no problem selling to foreign investors as long as they intend to treat the courses with respect.

Reply to this discussion