Driving in there will be really dangerous...
Free trade.
I remember the panic in the eighties when it was claimed the Japanese were buying America. They didn’t.
Tons of wealthy Asians moving into Southern California. In fact I eat at a Korean BBQ restaurant, and a Japanese fish house... which are absolutely fantastic.
200 acres? That’s just the size of a small farm.
You think the muzzies will allow them to move in?
It is the oldest real estate trick in the book to buy crappy land somewhere, mark it up big time, and sell it to out-of-towners who either don't know the value of the real estate, or will never show up anyway. An American example would be the Miami Beach real estate scam of the 1920s, where Floridans sold swamp land and plots of land literally offshore in the Atlantic to New Yorkers who they figured would never show up anyway. One of them eventually did go looking for his land, and blew the scam up when he actually found it (under water).
There are reasons these companies are targeting Chinese.
First, the Chinese are sitting on top of one of the largest real estate bubbles ever. People who got in on it are rich and want to continue, and people who got left out want to get in somehow. But the game is over now, at least in China. People need to invest somewhere else if they want to invest in real estate.
Second, it actually isn't that easy for just any Chinese person to legally come over here and live. So if the business was legitimate, why market towards customers unlikely to be able to live there? It makes it easier to run the scam, because the scam is based on the land and the owner not meeting too often.
So if this goes through, the houses will be built, but it will be a ghost city built to crappy standards but will look good in pictures on their website, and it will be filled with eager vitual proud Chinese real estate owners, but who still live in China. Then someone will actuall want to live there, and the shoddy construction will be found out, and the game will be over, but by then the company will have dissappeared.
We need to put a stop to this crap, or if we let it go, we should try to limit it to revitalizing areas like Detroit or some other city, and to supervise and enforce that these buildings are built up to code of an equivalent building in the country. Because we will be owning these houses eventually. We might as well not end up with a bunch of crap we will have to bulldoze soon after the circus leaves town.
I haven't heard anything about Milan, although it's the other side of my county. According to Dayton Daily News, there hasn't been any major activity so far here in Milan. Milan's a blue collar farm/manufacturing area with some Ann Arbor commuters.
I'd expect something if anything to be more towards Saline because there's a large Asian population there. I'm not going to panic about it in Milan or even up where I'm at in Northfield Twp. I'm a little concerned with South Texas with our energy, but I don't blame the Chinese for that, but our government.
!!!!!!!!!!Stop The Insanity!!!!!!!!
Sometimes that is the most I can say. I keep praying, I worry, I fear for our children’s future, which will be sold out, no make that HAS been sold out from under them before they are even conceived nevertheless born . . .
I don’t buy in to the Author’s premise. In China the business environment is very free market capitalist. The government is losing credibility on a nearly daily basis. If those businesspersons want to bring their free market here, without the government goons, then it will most likely be the most free market area of MI.
Instead, we will get articles like this so that our local government goons can squash them. Economic freedom is severely lacking here and over-reactions are the norm...
Bahhhh, bahhhh, bahhh.