There appears to be a race between Mexico and China to see who will take over America first. My money is on Mexico but I won’t be learning Spanish until it’s all said and done.
Drive up them home values. Sounds like a good idea to me.
Are foreigners allowed to buy land in China?
I have no problem with this. I remember it was the Japanese, and people were panicking. I said “Why? They aren’t going to pick it up and take it with them. It just drives up the price of my house.”
In many countries foreigners aren’t allowed to buy real estate.
I’ve been buying properties here in Palm Beach county (3 in the past 4 months) and can attest that the Chinese (and others) are snapping up stuff here left and right.
Sky View Parc is within walking distance of Citi Field and one can only hope such a walk will be safe. A great site for Mets fans.
We’ve been through this before with the Japanese and then the Arabs. It proves America is still a good investment and that the Chinese and other foreigners expect the housing market to recover.
The Medicaid takeover of Extortion-Care begins. And these are not the Japanese, China’s population ++
Lotta people here will be waxing poetic about how wonderful it is that the money is coming back here to buy land.
Uhh, I work with a lot of them. They all say, “Gosh - there’s so much space here, why, there’s room for lots more people!”...and they don’t mean lots more Bulgarians.
Note that the same courtesy will not be extended to Americans should they wish to relocate to Guangdong province for a job..that used to be theirs.
200 million Chinese will be a small fraction of their population that they’d love to be rid of. The rich guys buying land now are just an advance party, clearing the way for the millions to come.
And if you think they’re just gonna try to fit in and assimilate...that’s not the plan.
Racists like Amy Chua show you what the real interest is.
Not far from where I live is a highly-rated high school whose reputation has spread to the Far East. It is said that a Communist Chinese bureaucrat will use the money he rakes in from bribes to buy a house nearby so as to send the son he is allowed under China’s one child per family law to this school to get a first-class education.
The question is. Will all the communist Chinese immigrants who are buying all our expensive houses for cash ...switch from lexuses ( Lexii?) to the new Chinese cars that are coming Into USA soon? (AnD will this make them any better drivers?)
We feel it big time here in Silicon Valley. Not only do the Chinese bring their money, Chinese stores and shops are popping up everywhere. In some towns, you now see more Chinese signs than English. Walking the streets in our little town, you’re almost more likely to HEAR Chinese now than English. The money inflow is nice, but the cultural transformation is shocking.
I am sure the Free Trade Communists, who support Free Trade with Communist China, will have some liberal spin on this
Just think, it wasnt too long ago Free Trading with a Communist enemy got you Executed for Treason. Now we have fake Conservatives claiming Free Trade Communism is a Conservative idea. I am sure Karl Marx would be quite stunned to hear he advocated for something “Conservative”