Arcadia Chinese Takeover (automobile, visit, about)

[BeatAngMoh]

I saw this in the LAT's comment thread by some insightful person "Vancouver is thriving due largely to years of Chinese immigration and business investment. Here? Oh, we're about to take in another 100,000 Haitians, a few million more peasants from Mexico and Central America, generally people with the high end skill-sets of amoebas and bank accounts that look like the allowance of a six year old. It's insanity.

This is good news people. How in the world did we ever get to a point in which people investing in the nation was a bad thing?"

Yup.

[jm1982]

But eb5 is for investment in America.

Barclays center in NYC was built with EB5 investor money

I heard an interview on it recently , one thing is that slots are limited so some people want to lobby for the government to allow more investment .

Many wealthy Chinese want to get out of China because of political reasons and other reasons .

[Exitus Acta Probat]

Originally Posted by BeatAngMoh

I saw this in the LAT's comment thread by some insightful person "Vancouver is thriving due largely to years of Chinese immigration and business investment. Here? Oh, we're about to take in another 100,000 Haitians, a few million more peasants from Mexico and Central America, generally people with the high end skill-sets of amoebas and bank accounts that look like the allowance of a six year old. It's insanity.

This is good news people. How in the world did we ever get to a point in which people investing in the nation was a bad thing?"

Yup.

You'd be suited to change your SN to BeatEverybodyWhoIsntAsian.

[Marv101]

Downtown Detroit is indeed enjoying a renaissance these days as a very nice story in this weekend's WSJ on Detroit-born and Quicken Loans founder Dan Gilbert, who also owns the NBA's Cleveland Cavaliers, points out; he's buying tons of properties in both Detroit and Cleveland.

[BeatAngMoh]

Originally Posted by Marv101

Downtown Detroit is indeed enjoying a renaissance these days as a very nice story in this weekend's WSJ on Detroit-born and Quicken Loans founder Dan Gilbert, who also owns the NBA's Cleveland Cavaliers, points out; he's buying tons of properties in both Detroit and Cleveland.

What's the nexus between inner city Detroit and Arcadia? BTW Gilbert has roots in those two cities but if there was ever a case with being in love with your own investments and overlooking the risk factors he gets an A. There are no businesses willing to plant themselves in those two cities and the attrition rate continues to go up as commerce flees following white flight more than two decades ago. Additionally, those towns are not very international so I can't see a foreign company stepping in. The work ethic and talent pool is not high quality. They are also not popular places for high quality immigration like you would see in the SF Bay Area or NYC. At least in rural places like Marysville, OH where Honda settled down there is a strong work ethic among the locals. Same applies to towns where Toyota, Nissan, MBZ and BMW have based or deciding to base.

[BeatAngMoh]

Report: Arcadia Housing Boom with Chinese Dollars?

0 Comments November 3, 2014 • 9:15 am Written by Anna Buss Tags: building, China, investment, mansions, permits
[color=#525252]By Terry Miller for the Arcadia Weekly
[CENTER]House under construction in Arcadia. – Courtesy photo.[/CENTER]

A Recent report wants you to believe Arcadia officials are getting kickbacks and that China is bringing boatloads of cash into the community of homes – we try and separate fact from fiction
“Residents have become used to postcards offering immediate, all-cash deals for their property and watching as 8,000-square-foot homes go up next door to their modest split levels.
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,” according to a report the Bloomberg Report published Oct 15.
The report says…“the city, population 57,600, projects that about 150 older homes—53 percent more than normal—will be torn down this year and replaced with mansions. The deals happen fast and are rarely listed publicly. Often, the first indication that a megahouse also known as a McMansion is coming next door is when the lawn turns brown. That means the neighbor has stopped watering and green construction netting is about to go up.”

Moderator cut: see note

[Exitus Acta Probat]

Buyers from Greater China, including people from Hong Kong and Taiwan, spent $22 billion on U.S. homes in the year through March, up 72 percent from the same period in 2013 and more than any other nationality, the National Association of Realtors said yesterday in its annual report on foreign home purchases.

Great news for realtors!

Bad news for the rest of us. We don't need anybody to buy into the U.S. -- we have managed just fine for quite a while without foreigners meddling in our economy. Anybody who says otherwise is lying.

[BeatAngMoh]

Originally Posted by Exitus Acta Probat

Great news for realtors!

Bad news for the rest of us. We don't need anybody to buy into the U.S. -- we have managed just fine for quite a while without foreigners meddling in our economy. Anybody who says otherwise is lying.

The following are ways one would develop a general and more often a specific type of xenophobia:

• A physically, emotional, or economically negative experience with a particular group which is then over-generalized to all members of that group.
• Classical conditioning, that is when someone is conditioned to having a fear or repulse from aliens generally, or, from specific group. Ways to instill it would be dehumanization, mostly by propaganda, for example: a video containing group members shown distorted, erroneous, and in proportional phases of horror sounding.
• Imitating others, mainly those that are close to the individual, or, in many cases, societal norms of a nation.

[BeatAngMoh]

Chinese builder Landsea to invest $1 billion in U.S. housing market


]
A rendering of Landsea Group's development in Dublin, Calif. (Landsea Group / September 4, 2014)

[LEFT]By Tim LoganSeptember 4, 2014 | 6:14 p.m.
[color=#000000]

[LEFT]A Chinese home builder is poised to invest $1 billion into the U.S. housing market, starting with two developments in California and one in New York.
The venture, by Nanjing company Landsea Group, could signal the beginning of a wave of Chinese investments in single-family homes in the U.S., part of a larger influx of Chinese money.
Landsea — which builds about 12,000 houses a year in mainland China and also develops in Hong Kong and Germany — comes to the U.S. amid signs that the red-hot market at home is cooling off. Building costs in China have soared in recent years, and lately prices have started to fall in many cities.

Moderator cut: see note

This is creating jobs for Americans.

[Scott5280]

Hooray for patent, trade stealing China who has a very opposing cultural, political agenda. Boycot Chinese industry all together. BOYCOT CHINESE HOMEBUILDERS (they provide zero benefit to America or Americans)spread the word.