Chinese millionaires can afford expensive homes in San Francisco.
Now liberals are talking about the new “Yellow Peril.”
And here I thought they were fans of unlimited immigration.
Go figure.
Smart, educated and wealthy Asians are not democrat voters
What a great selling opportunity for existing homeowners.
All cash buyers wanting to buy their homes at premium prices.
They of course are establishing new market prices.
Wake-up people, these are People’s Liberation Army soldiers buying “birth houses” with Chicom state money to breed little commies that are U.S. citizens due to the fact they are born on American soil.
Along with the great weather and low property taxes, I believe this is why California property appreciates faster than most other states. There are still a lot of great deals on homes with land here.
In 1961 a person I know bought a small house with a ocean view for 29k. He kept it and today it is worth over a million.