Article

2025-08-25 Economy

Now Comes the California Fire Sale: China-Based Company Is Buying Up Land Incinerated by Firestorms

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Posted by Grom the Affective 2025-08-25 02:05|| || Front Page|| [184 views ] Top

#1
How about restricting property ownership to US Citizens and US HQ businesses?

Posted by NN2N1 2025-08-25 07:01|| 2025-08-25 07:01|| Front Page Top

#2 One cannot buy properties in China, why should hey be allowed to buy properties in USA?

Posted by Seeking Cure For Ignorance 2025-08-25 08:23|| 2025-08-25 08:23|| Front Page Top

#3 And you thought the locals were actually going to get their lives back?
It's going to be turned into a connected people's enclave. Probably end up being gated off.

Posted by ed in texas 2025-08-25 08:27|| 2025-08-25 08:27|| Front Page Top

#4 A logistics company in China could be connected, but, as Dwell reports, things are "murky."

Murky enough for some hefty cash payments to go under the table to LA and California politicians? I think that'd be a good bet.

It's a tough call for the people who are selling. They were living on some of the most desirable property in the world and then came the fire and then came Mayor Karen Bass, the communist bitch who made the fire possible and made it impossible for people to rebuild in a timely manner. No doubt the buyers have cash aplenty and can wait for permits or simply bribe the appropriate officials. I hope the sellers at least held out for a shit load of money. Gotta wonder if the so-called New Zealanders are just a front for the CCP.

Posted by Abu Uluque 2025-08-25 13:42|| 2025-08-25 13:42|| Front Page Top

#5 If LA had been reasonably prompt in issuing permits to rebuild the Chinese couldn't afford much of that land... makes one wonder if that's what is behind the snail-slow permitting.

Posted by Glenmore 2025-08-25 13:50|| 2025-08-25 13:50|| Front Page Top

#6 Take the opportunity to pilfer a goat (順手牽羊, Shùn shǒu qiān yáng)

While carrying out one's plans, be flexible enough to take advantage of any opportunity that presents itself, however small, and avail oneself of any profit, however slight.

Posted by Elmerert Hupens2660 2025-08-25 14:09|| 2025-08-25 14:09|| Front Page Top

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