Only because the US stock market is weak waiting for the downgrades and contagion in Europe and Japan to gain enough momentum to send the stampede of capital into the USA. Be patient grasshopper, Oct 1 is laying the ground work...remember Oct 1 is the BIG BANG for the kickoff, not the finale.
Practices like sharia has no place within a western culture country. At least not out in the open! I once saw a man hitting his wife in plain sight on the street! Could you tolerate this?
If you force a fundamentalist muslim citizen man to only beat his wife at home and try to reduce his control over his wives in public, he will declare jihad. Therein lies Pandora's box which you dumb ass fucks opened with your mainland European cultural idealistic insanity about equality and fairness for all.
Yeah we'd all like nirvana in our dreams. Those of us who are sane don't for delude ourselves into opening Pandora's box.
USA immigration as it formed was hard working European (some Chinese) and predominantly Christian (or agnostic) and everyone melted into English within one generation. Also hard working black slaves. The immigration into the USA now is mostly hard working Latin Americans (and other hard working non-extremist cultures).
2. Were the migrants forced to leave their houses and cities?
3. Were they "indulged" by the Europeans to "join" their "promised land"?
Who indoctrinated the Europeans to favor egalitarianism? Oh yeah that Athenian democracy shit.
What I am getting from this is Americans are somewhat fiercely independent and isolationist. We are not idealistic. Yet we are more revolutionary in spirit then the Brits. In short, the Americans have a shorter fuse on their patience and willing to act. Expect political fireworks in the USA. Mainland Europe will descend back into extremism. The UK will likely muddle through again (be the most stable). After all is said and done, the USA will fragment into regions (maybe not within my lifetime though). Europe will sink to third world country lows. Asia will march on to its destiny to be the shiniest of the world in the 21st century.
You mean the identity of hard working people who stay out of politics, don't whor(e)ship a king, don't believe in socialism, collectivism and just want to live in a reasonable society of other like minded individuals. That sometimes happens to coincide with Christians.
So what happens next? Something that most humans would agree is the "right course" (socializing aspects of the country to bring everyone out of poverty) takes its toll on a country's economy, especially when that economy is based on a fleeting representation of generating power that is neither scarce, nor is future proof.
What happens next!? We know already; it's the future:
"The Thread By Which Venezuelan Socialism Hangs May Soon Snap"
http://www.zerohedge.com/news/2015-01-29/thread-which-venezuelan-socialism-hangs-may-soon-snap
And it only got worse from there:
Venezuela's currency collapse picks up speed
http://www.ft.com/fastft/356181/venezuelas-currency-collapse-picks-up-speed
Venezuelan mobs take law into their own hands, beating and lynching thieves
http://www.collapse.news/2015-09-11-venezuelan-mobs-take-law-into-their-own-hands-beating-and-lynching-thieves.html
Holy SHIT.
This is a long way to fall from a country that championed the power of socialism just a couple of years previous....
Do you believe that this is the fate of the first world as well?
The idealistic societies (extremists) always become the despots (extremist) on the other side of the business cycle.
The level headed like the Brits don't self destruct.
The revolutionaries like the Americans go isolationist and break into regions of shared cultures.
With Asia's GDP growing at 5 - 10% per annum since that time, the commercial property is still negative in the USA in terms of international opportunities.
Also the reason for your nominal gains there are mostly because building basically ceased for some years thus supply lagged far behind actual demand as the economy deadcat rebounded somewhat. And this deadcat bounce from 2011.45 to 2015.75 is on Armstrong's chart of the model.
Also as you said, this is most an interest rate effect and thus will reverse as the Fed begins to raise interest rates.
So don't worry, it isn't really a positive gain and it is very temporary any way.
http://www.wsj.com/articles/SB10001424052702304231204576406000741760990
A big reason for the rebound: declining interest rates. Rather than settle for paltry bond yields, some investors have chosen real-estate investment trusts (REITs) that derive cash flows from long-term leases. The Bank of America-Merrill Lynch index of "BBB"-rated corporate-bond yields has dropped from about 8% in mid-2009 to just more than 4% today. In turn, REIT valuations have risen.