The Senate Commerce Committee approved legislation making it illegal for the Chinese Communist Party to own property in Arizona. But SB 1342, the proposal by Sen. Wendy Rogers, R-Flagstaff, goes
China has an issue with property speculation too, it's their big current crisis. Lots of Chinese bourgeoisie see international investment in property as a more stable option because America doesn't have a history of land reform.
It's amazing that America is so cucked that Chinese speculators see their real estate as basically guaranteed return on investment. Like, them getting accused of corruption or some other illegality will always be a danger, so they just park their "backup" in the west, where they know that their money makes them untouchable.
China has an issue with property speculation too, it's their big current crisis. Lots of Chinese bourgeoisie see international investment in property as a more stable option because America doesn't have a history of land reform.
Not yet :sicko-yes:
It's amazing that America is so cucked that Chinese speculators see their real estate as basically guaranteed return on investment. Like, them getting accused of corruption or some other illegality will always be a danger, so they just park their "backup" in the west, where they know that their money makes them untouchable.