The chinese are coming and they want to buy your house!!

[Anonymous]

Isn't it great that filthy rich foreign nationals are buying homes here?

I say that is much better than hordes of poor, illeducated, illegal immigrants coming here and being a burden on social services.

We should encourage more rich foreigners to buy here.

[Anonymous]

Anonymous wrote:Interesting though. The US is one of a few countries in the world that allows foreign nationals to buy real estate as a matter of right. An American certainly could not go to China and buy property as a matter of right. A lot of the most valuable assests in this country are owned by foreign nationals. You have to wonder about the long term implications.

This is disgusting. We need to fix this problem....

[Anonymous]

Anonymous wrote:Isn't it great that filthy rich foreign nationals are buying homes here?

I say that is much better than hordes of poor, illeducated, illegal immigrants coming here and being a burden on social services.

We should encourage more rich foreigners to buy here.

No, thank you. Are you one of them?

[Anonymous]

What are they going to do, take it back to china with them?

[Anonymous]

Anonymous wrote:What are they going to do, take it back to china with them?

LOL!

[Anonymous]

Jeff - you may want to consider deleting this thread. Pretty vile stuff. The kind of people who enjoy spewing racist garbage on anonymous forums are the lowest of the low. I'm sure you're all raising great kids. Congrats.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Isn't it great that filthy rich foreign nationals are buying homes here?

I say that is much better than hordes of poor, illeducated, illegal immigrants coming here and being a burden on social services.

We should encourage more rich foreigners to buy here.

No, thank you. Are you one of them?

I am a middle class US citizen, who would rather see a few rich foreign nationals buy homes here and pump money into the economy rather than see my tax dollars go for basic services for millions of poor illegal immigrants.

Why? Are you one of the illegal immigrants who is sucking up our resources?

[Anonymous]

Anonymous wrote:Jeff - you may want to consider deleting this thread. Pretty vile stuff. The kind of people who enjoy spewing racist garbage on anonymous forums are the lowest of the low. I'm sure you're all raising great kids. Congrats.

+1

[Anonymous]

I'm not sure why all the hate. The Japanese came and bought and that died down. The Chinese will buy a lot more because there are more of them and that too will die down.

Republican's may claim that the taxes are too high but the US has some of the lowest taxes among developed countries. We don't have extreme religious law like many middle eastern countries, we afford protections to citizens and residents that lots of other countries do not. Most of the country is safe - even at night. Sure the US has problems but what other country in the world offers what we offer?

The truth is, the US is probably the best place in the world to be rich.

I for one welcome them. We have tons of land. Sure a new home buyer might not be able to buy a house in Arlington but there are plenty of other places that are cheaper even if you *gasp* have to live 15 miles away and plenty of people here have parents that help buy them homes just as the Chinese in the article.

[Anonymous]

Anonymous wrote:Jeff - you may want to consider deleting this thread. Pretty vile stuff. The kind of people who enjoy spewing racist garbage on anonymous forums are the lowest of the low. I'm sure you're all raising great kids. Congrats.

these idiots wouldn't even know how to tell if someone is chinese. they probably think all asians look alike. yet here they are, spouting off.

[Anonymous]

Anonymous wrote:In 2013, for instance, a Hong Kong woman paid $6.5 million for a two-bedroom in the tallest residence in New York, One57, for her daughter so she’ll have somewhere to live when she gets into Columbia, Harvard or NYU, she told her agent. The daughter, currently, is 2 years old

This anecdote was reported once, and has never been verified.

[Anonymous]

The Chinese are simply another player in the market, lie law firm partners and government contractors. Chill everyone

[Anonymous]

Bring it on. Come buy my house for $1 million. I'll give you the keys today. Everyone has a price and I'll gladly tell that price to anyone knocking on my door.

[VArealtor]

Anonymous wrote:The Chinese are simply another player in the market, lie law firm partners and government contractors. Chill everyone

Agreed. I really don't care where my neighbors are from or whether they plan to live here 1 month out of the year, or all 12. Everyone has different property needs and personal interests. The important pieces: they pay property taxes which helps support the community and they maintain the properties because they want to maintain their value.

I have a couple of investment properties abroad... no one in those (foreign) communities had a second thought. They are just happy that the homes are well-maintained and that property values continue appreciating.

For whatever it is worth, I haven't noticed a huge surge of specifically Chinese investors here. A lot of American investors, developers, etc. International Relocations? Sure but this is the US Capitol so that's to be expected. International investors in general? Some, especially as the value of certain foreign currencies appreciate in comparison to the US dollar. But not some sensational surge.

[Anonymous]

Anonymous wrote:Jeff - you may want to consider deleting this thread. Pretty vile stuff. The kind of people who enjoy spewing racist garbage on anonymous forums are the lowest of the low. I'm sure you're all raising great kids. Congrats.

Yeah, super racist stuff like, maybe allowing super rich foreign investors that helps push more regular people out of the market isn't the best idea ever.