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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    3. Molson Hart‏ @Molson_Hart 27 May 2018
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      Replying to @itrulyknowchina

      It's interesting. Did you see my last tweet at you Sir?

      0 replies 0 retweets 0 likes
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    5. Molson Hart‏ @Molson_Hart 27 May 2018
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      Replying to @itrulyknowchina

      pic.twitter.com/xeyLitqiW2

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    7. Molson Hart‏ @Molson_Hart 27 May 2018
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      Replying to @itrulyknowchina

      It's not a secret in China amongst people who talk about this, but it is a secret in the West. Also, I think many Chinese are hesitant to discuss these matters as it may cause China and the Chinese people to lose face. You are different, so I asked why you are.

      1 reply 0 retweets 0 likes
    8. Molson Hart‏ @Molson_Hart 27 May 2018
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      Replying to @Molson_Hart @itrulyknowchina

      Let me try to explain why Chinese people love buying real estate and you can tell me if you think I'm right: Domestic Chinese real estate: 1. Many domestic Chinese have never seen a real estate bear market, ever, therefore they think prices will rise forever. 1/n

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    9. Molson Hart‏ @Molson_Hart 27 May 2018
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      Replying to @Molson_Hart @itrulyknowchina

      2. In US we have a couple of different investment options: stocks, real estate, corporate debt, treasuries. Whereas in China, because of corporate and gov't scandals and recent hardship, non-real estate options are seen as very untrustworthy. Also, Chinese stocks dropped! 2/n

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    10. Molson Hart‏ @Molson_Hart 27 May 2018
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      Replying to @Molson_Hart @itrulyknowchina

      3. Culturally, Chinese LOVE real estate. Even in formerly communist China the concept of the wealthy landowner prevails, especially in a country that is 人山人海. 4. Finally, Chinese people REALLY LOVE to gamble and speculate, much more than other countries. 3/n

      1 reply 0 retweets 0 likes
      Molson Hart‏ @Molson_Hart 27 May 2018
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      Replying to @Molson_Hart @itrulyknowchina

      As for foreign real estate, many of the above reasons apply, but, in addition, Chinese people appreciate the RULE OF LAW in Australia, Canada, and USA etc. They know the money they've earned in China, no matter how they earned it, is not safe from the govt. What did I miss? 4/4

      10:33 AM - 27 May 2018
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