Reply to Canada now bans foreigners from buying houses- should we do the same?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I met a guy (covered in tats and didn’t look like he had any money) on a flight from DC to Dallas. He was flying to Dallas to check on his rental properties. He owns 40+ properties, essentially controlling the FMR in one neighborhood.

I was staying in a nice suburb in Dallas and my friend who was hosting me told me the bulk of the SFH neighborhood was owned by a few Asian families who rent out the properties. Rents have jumped dramatically and they quickly purchase any homes that go on the market.

This is a problem. [/quote]
capitalism at its finest.  Also, how do you know if the "Asian" families aren't Asian Americans? Because they have accents? [/quote]

Sounds like you aren't aware of how much capital Chinese are trying to take out of their country due to various issues of how the money was gained. The Chinese government has been trying to put a stop to it.[/quote]
Sounds like you are still making assumptions about a nonwhite person's status in this country.

Can the ^PP be certain that the Asian families in Dallas that are buying up sfh are not Americans?

When you see a latino, do you automatically assume "illegal"?

When you see a black person, do you automatically assume "criminal"?[/quote]

I'm Chinese. There's a ton of people who are doing exactly what I said or have family members providing funds that will be out of CCP reach.

And to answer your question yes.[/quote]
Yes,  you know definitely those families are not American citizens or permanent residents?
Yes , you assume every latino is illegal?
Yes, you assume every black person is a criminal?

[b]yes, I know foreigners do this. [/b]My question is how do you know those particular people are "foreigners" and not residents or citizens.

My parents are Asian Americans. They don't speak much English. They own property.  One day, they are thinking of going back to their home country to live and renting out their place. I suppose  you'd assume my parents were "foreigners" buying up property and renting it out.[/quote]

In our language, people who aren't Chinese are  外国人 which means they are foreigners.

So yes, they are foreigners.  Living in America, we call you Americans 外国人 as well.
So the answer remains, yes.

None the less, [b]you don't seem to want to acknowledge the point [/b]raised that there are a lot of Chinese who are converting cash to physical assets overseas.  There is an additional issue that many of these properties are not maintained, but it is largely done to shield improperly gained funds.  CCP has a habit of siezing funds as well.  Look at Jack Ma of Alibaba.[/quote]
I did acknowledge it. Read the bolded in my previous response.

you don't want to seem to acknowledge that you don't who is or who is not an American or legal resident here just by the way they look or their accent.[/quote]

If you google, you’ll pull up plenty of recent articles pointing to data of foreign nationals buying real estate here. They specifically note Chinese purchasers—to the tune of $6B last year alone. These aren’t Chinese-Americans; these are foreigners who are parking money in American real estate as an investment. [/quote]
As I stated, I acknowledge that this happens.  But, the ^PP  or you assumed that this was happening in that Dallas neighborhood. So, then I asked, how do you know for sure that those people are not US residents/citizens.

You then just keep posting that this happens, even though I stated repeatedly that yes, it does happen.

So, again, "how do you know that those specific people in that Dallas neighborhood are not US residents?"

Are you making an assumption based on 1. it happens  2. those people are foreign looking and speak a foreign language?  Are you stereotyping?

Which is why asked if you assume that:
1. Every latino is an illegal
2. Every black person is a criminal[/quote]

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