Asian Investment in the U.S.

Your real estate column of Jan. 5 missed the mark regarding Asian investment in the United States.

The current crisis in Asia is normal! Asia is inherently politically and economically unstable forever. Asian instability is not a reason for Asians to fear investing in the United States. In fact, the reason for Asians to accept a lower yield in the U.S.A. is because of the great stability and reasonable real estate pricing in this country.

Financial Capital Investment Co. and Asian investors will continue to invest in Los Angeles.

RICHARD ALTER

Managing Director

Financial Capital Investment Co.