Not to mention Chicom spies being given cover jobs and cash to get into the USA. We’re such naïve morons.
I understand the benefit, for Chinese and other foreign nationals, of moving some of their assets and potentially themselves out of their countries of origin. I do not understand how the United States benefits when a Chinese citizen buys himself a condo in San Francisco for a million dollars with a resident visa thrown in.
The country as a whole benefits from a real estate bubble ... how? Yes, I understand that the Chinese investor then pays property taxes, but since most of that is thrown into the locality’s ghastly government school system and its Democrat-donating unions, we’re back to, “How does the U.S. benefit?”