Detailed text transcripts for TV channel - MSNBC - 20140605:17:52:00
>> some people may look at these properties as a home, or even as palace, others see a safety deposit box. >> coming into miami i believe people don't want to hedge the market, they don't feel comfortable with the financial situation in their country. >> but they do here in the u.s. over the last thee years, foreign nationals have purchased $217 billion of residential real estate in the u.s. >> the united states is the safest place in the world to park your money, hands down. these are hundreds of millions into the billions that you're getting here. those are the ones that are buying these hou...