Chinese homebuyers and businesses are buying up much of Detroit, with assistance by Michigan Governor Rick Snyder, who has formally asked the Obama administration for 50,000 special federal immigration visas for those willing to work and live in the city.
Snyder has been trying to bring the Chinese into Detroit for many years, but after the city declared bankruptcy in 2013 a serious jump in rate purchases began. Many Chinese buy without even looking at the property.
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The Chinese are bailing from their own real estate due to over inflated price structure that is artificially held high and is about to crash. The Japanese tried the same tactic back in the day when they “owned” our T-Bills…they got taken to the cleaners!
China is buying out our country. The news just keeps getting worse.
we do not need to sell detroit to a communist country $#%&!@* visa create jobs for americans you piece of $#%&!@* govenour your the reason the city is bankrupt
Do we need to allow 50,000 Chinese to come here? At this rate, china will have taken us over by applying for work visas and over run us that way. How many of these would be “former” Chinese military members? What do you expect in a city where they hate America and are ran by the communist, oh I mean the democratic party?
Just another Politician selling out America!!!!!!! This is NOT new news. You have to be an out right criminal to work in politics these days!
Dey took ar jaaaabbbbsss
I call BS, BS and than BS again. The Chinese are buying it for the Mooselimbs. Detroit is fixing to become raghead central.
Will Show You What a determined Will can do..
So sad
I told you people this has been going on for some time soon they will be your neighbors they detroyed their country with air polution now they want to destroy the USA soon it will be allover the USA the goverment has been selling us out for some time