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Old 09-19-2016, 11:31 AM   #230
peter12
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Quote:
Originally Posted by Winsor_Pilates View Post
I agree with your point, but the racist statements are made without any education on the issue as well.
Misguided blanket statements about all Chinese people doesn't help deal with the "criminal interests from Mainland China" you're referring to.

I've been dealing with this discussion every day for years, and it's shocking how many people use immigrants/foreigners interchangeably, assume every Chinese immigrant is a multi millionaire and completely exaggerate the proportion of foreign buying without any evidence to back it up.

The dialogue around the issue has become very Brexit like at this point; spurred on by sensational headlines and very polarizing.
Not a productive way to make meaningful changes and impact the actual issues.
I agree. I do know that way, way, way too many young professionals have thrown their lives away on mortgages that they really cannot afford. People following the high-end is a real reason why this is so out of control, but I think we all know that something fishy is going on at the high end.

It's not the Chinese community. Some of them have been here for 100 years, others have moved here with literally nothing. The gentrification of Chinatown, and the flight to the burbs have hurt both of these communities equally.

It is more likely a high-end criminal cartel run out of China that is causing a lot of the upper-end distortion.
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