Because you like Chinese people? China is buying up abandoned homes in Detroit at a record rate. Thousands of them, comrade. That is true, but only Chinese who can't get Visas to come and see the property are buying, probably expecting some return on investment. Those who managed to get Visas and actually toured the city refused to buy anything. If the Chinese owners actually came to occupy the houses, it would be an improvement.
This sounds like the dud real estate around Orlando that was unloaded on Japanese investors 25 years r so ago. They are still waiting for development of their ‘investment property to begin.