Article

2022-07-29 Economy

15 key US states where Chinese citizens are buying $6B of property after being banned by other countries for pushing up house prices; Ron DeSantis calls it a 'huge problem'

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Posted by Skidmark 2022-07-29 00:00|| || Front Page|| [14 views ] Top
File under: Commies

#1 Yeah, China heavily restricts anyone who's not Chinese from buying property in China. They can't have soaring prices because their own people have to buy homes.

Not so in America! The whole world can buy our properties without even setting foot on our soil! Then keep the property empty or with sky-high rent. They don't care if they don't get tenants. The choice is keep it in their country and lose it, or put it in US real estate.

But we need those houses to live in. Good thing the US government hates our guts and considers us an enemy! They won't lift a finger to help us. Billions for Ukraine but not one cent for Americans.

Posted by Tiny Jeater6933 2022-07-29 02:41|| 2022-07-29 02:41|| Front Page Top

#2 The whole world can buy our properties without even setting foot on our soil!

Not quite. Some states have 'foreign' ownership restrictions.

Posted by Procopius2k 2022-07-29 06:53|| 2022-07-29 06:53|| Front Page Top

#3 They have been doing this for years. They escape China for a variety of reasons. Locate where there are few Chinese to compete with. Long term they loose connection to homeland. Children will not go back. Mixed blood not welcomed. Well known in South Korea about aversions to mixed blood. Currently in China foreigners not welcomed. Major housing disaster occurring now. Those with the resources are escaping now as able.

Posted by Dale 2022-07-29 08:52|| 2022-07-29 08:52|| Front Page Top

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