Reply to post: Re: What, exactly, do you mean by "way behind"?

Top Chinese Uni fears Middle Kingdom way behind on tech – and US sanctions make catching up hard

DS999 Silver badge

Re: What, exactly, do you mean by "way behind"?

Expensive housing in California has nothing do with "worthless currency". If that was true it would be as expensive all across the US, but that's absolutely not the case. I don't live in the cheapest part of the US by any means, but I can buy for $200K what would cost $2 million in Silicon Valley.

If you want cheaper real estate prices in California just wait for the "big one" to hit. People will flee the state in droves from the mess that will make of the infrastructure for years, and the fear and uncertainty of when the next one will strike.

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