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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They are converting their soon to be worthless treasury notes and bonds, into something tangible.
why would they need visas, don’t you know Obummer is letting everyone in?
I think Governor Rick Snyder has lost his mind! I think he needs to go to China and see first hand how people live there. Then he will change his mind I hope. If you think the City is a sewer now, wait after the Chinese move in, it won’t be a sewer – it will be a giant dump with a shits all over the City slowly spewing into outer banks of Detroit. Read my Lips.
Buying up the country
Chinese & Muslims hmmm?
That’s not the only place look at southern California off the 10 freeway nothing but Asians they own EVERYTHING in that area.
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Hell no
Better take a look at Arcadia,Ca first.
Reinvesting in an industrial city complex surrounded by the nation’s greatest supply of natural fresh water…..now that could produce a wise long term investment. The realors jacking up and sellingout American property and prosperity to foreign investors need to be put in check. These practice can be greedy and unwise. The same is happening in NYC, major city centers and farms across this nation. Some people would sellout their moms, others the land beneath a neighbors feet.