Chinese Purchases of U.S. Real Estate Jump 72% as The Bank of China Facilitates Money Laundering

American citizens already have a hard enough time affording a home. Squeezed out by financial oligarchs buying tens of thousands of properties for rental income, and faced with real wages that haven’t budged since the mid-1970s, the demographic of U.S. citizens that historically dominated the new home market has been forced to live in their parents’ basements. Just to kick em’ when they’re down, Americans now face the impossible task of competing with laundered Chinese money.

It appears the only people not buying American real estate are Americans needing a place to live.

Read more here.

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5 comments on “Chinese Purchases of U.S. Real Estate Jump 72% as The Bank of China Facilitates Money Laundering
  1. China is playing this geniusly (I think I just made up that word). Everyone mocks them for having all those dollars, thinking the US has all the power in being the debtor. But China knows unemployed and non-working Westerners are addicted to the opiate of house price gains as their source of ‘wealth.’ So it makes perfect sense for them to push their citizens and straw men to buy up property knowing the local Westerners can’t get enough of property ‘gains,’ when they are just using the fake cash America sent them in order to acquire real assets.

  2. YoLithos says:

    Which can later be impounded or confiscated as assets of hostile foreign nationals, but can be used there and elsewhere as rehypothecated collateralized warehouses of a different color, offloaded on neutral offshore companies, and manged in the USA by local ‘trustees’ in banks and real estate investment funds with names like UBC, United, Allied, and such.

  3. Useless Eater says:

    Yes, it is genius, Stacy – but they would never have been able to do it without the elite bloodlines and their private Federal Reserve. There is your genius at work – not the polibureacratic lemmings working in the open air prison of puppet governments.

    I think I just made up a word, too.

  4. Useless Eater says:

    The true players are, for the most part, stateless.

  5. Snooze says:

    If the Russian and Chinese are so nationalistic, and have a belief the East is on the rise, yet trillions of dollars are ploughed into the West? Basically the Easterners are recapitalising the West, in turn the money is being used to fund the CIA and Pentagon. Washington is funding fifth columns in China and Russia, talking about naive.

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