U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Closed Thread Start New Thread
 
Old 10-16-2014, 08:59 PM
 
822 posts, read 920,082 times
Reputation: 626

Advertisements

Chinese Home-Buying Binge Transforms California Suburb Arcadia - Businessweek

 
Old 10-16-2014, 09:20 PM
 
1,856 posts, read 2,037,982 times
Reputation: 3940
Yay for McMansions!
 
Old 10-17-2014, 03:11 AM
 
Location: West Los Angeles
8,829 posts, read 8,959,075 times
Reputation: 9075
Yay for McMansions used in the birth tourism industry!
 
Old 10-17-2014, 04:33 PM
 
4,028 posts, read 8,297,103 times
Reputation: 2871
You are like 25 years too late on that assessment.
 
Old 10-17-2014, 04:56 PM
 
Location: Los Angeles
187 posts, read 251,136 times
Reputation: 84
^ lol "newsflash"
 
Old 10-17-2014, 06:02 PM
 
12,825 posts, read 19,266,800 times
Reputation: 10868
Hey, I think we ought to have some exclusion laws. /sarc
 
Old 10-17-2014, 06:04 PM
 
12,825 posts, read 19,266,800 times
Reputation: 10868
"For buyers from mainland China, Arcadia offers excellent schools, large lots with lenient building codes, and a place to park their money beyond the reach of the Chinese government."

BTW this is also happening in the Bay Area. The high end is insane right now.
 
Old 10-17-2014, 06:09 PM
 
12,825 posts, read 19,266,800 times
Reputation: 10868
A family moved into a new home in 2008 and flanked the front walkway with two waist-high lion statues, the “fu dogs” that guard imperial Chinese palaces. A few years later, a developer named Ricky Tang began building his own home across the street. Tang didn’t care for the lions, but their owners refused to remove them. In January 2011, according to city records, Tang mounted two replica cannons on top of a construction trailer in the front of his lot, aiming back at the lions. A red sign reading “Cannon against dogs” in Chinese hung from each cannon. “The neighbor across the street took offense,” Kasama says. “He felt they looked threatening.” Soon a city-owned Prius pulled up, lights flashing, with an official entreating Tang to take down the weaponry. He acquiesced after a month of haggling.

================================

OMG, that is hilarious.
 
Old 10-17-2014, 10:48 PM
 
Location: San Antonio Texas
11,435 posts, read 15,940,646 times
Reputation: 5224
We need legislation to keep foreigners from buying up our country. Americans need homes too.
 
Old 10-17-2014, 11:45 PM
 
822 posts, read 920,082 times
Reputation: 626
Quote:
Originally Posted by wehotex View Post
We need legislation to keep foreigners from buying up our country. Americans need homes too.
It's called free markets. BTW, for every buyer there is a willing seller. No one is being cheated. If you think the prices are bid up, there is an American who is on the other side of the trade benefitting. As big as this country is in terms of geographic spread to blame foreigners for your inability to buy the home you want is laughable. Protectionism on full display IMO.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top