“So what happens when we get to the point when the Chinese government and/or Chinese citizens own 10 percent of all the real estate in the entire country?
“Will it be a problem then?
“What about if we get to 20 percent or 30 percent?”
The residential housing stock of the United States, without counting any commercial real estate, is valued at over $25 trillion.
“Chinese buyers spent more than $11 billion on U.S. real estate last year,...”
At that rate, it will take a little while to get to 1% of our total real estate value, no less 10% or 20% or 30%.
There is a significant issue however:
China does not allow Americans to principally invest in Chinese land. There is (always) a primary Chinese owner.
That becomes a bigger issue, the more money the Chinese have. And China is currently exporting MORE than America does.
We are holding the short end in this deal. Big time.