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Corrupt Chinese Officials Ruined your Neighborhood – Made Houses Unaffordable!

Ever wondered why real estate prices have skyrocketed insanely and become completely unaffordable in many parts of Canada, Australia, the USA and even your country? Corrupt CCP officials and laundered money is most probably the answer…

Ian Young’s Article: https://tinyurl.com/3n2znrxj
Ian Young’s Twitter: @ianjamesyoung70

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Written by serpentza

For Motorcycle adventures around the world, and a talk-show on two wheels go to ADVChina every Monday 11am PST / 1pm EST https://www.youtube.com/advchinaFor a realistic perspective on China and world travel from an American father and a Chinese mother with two half-Chinese daughters go to Laowhy86 every Wednesday 11am PST / 1pm EST https://www.youtube.com/laowhy86For a no-nonsense on the street look at Chinese culture and beyond from China’s original YouTuber, join SerpentZA on Friday at 11am PST / 1pm EST https://www.youtube.com/serpentza

Comments

  1. Mainland Chinese are doing this exact same thing in South Korea. Because of these people, the average condo price in Seoul is now 1.4 million US dollars! These Chinese are not even living in these condos!

  2. Unfortunately, here in Vancouver, most Canadians had the biased idea of most Chinese immigrants are driving up the property prices and making Canadians unaffordable for housing. The concept of rich CCP members are responsible for skyrocketing housing price is not fully understood by Canadians. It works like this: you’re a Chinese immigrant, you must had bought out our houses. Hence the 700% increase of Asian hate crimes in 2020 alone.

  3. The house I grew up in recently sold for over $1 million dollars…. this is in the GTA area in Canada. My parents bought the house in 1992 for $145K and sold it in 2006 for about $300K. It's a SEMI DETACHED bungalow that is barely 1100sqft including the basement! Absolute insanity! I gave up on owning my own home about 5 years ago… it's a pipe dream in this market, unless you already have money. The average person working a regular 9-5 job gets the shaft yet again.

  4. So Stupid…..when Economic Collapse comes….and people are Starving and Cold….they will Eat those Rich Chinese for Breakfast…..even a Foreigner in a Poor Country knows….that if devastation comes…he is a Target….and generosity will not come his way from starving Masses…he is on his own….an outsider…that tossed a lot of Money around …but is now just as broke as the locals.

  5. As a resident of British Columbia, I see and live the examples you speak of Winston. Thanks as always for pointing these things out, and DO take care.

  6. You are to nice to the corrupt western officials/leaders. They are not naive, they actually invite chinas dirty money in, and for sure taking their cut. Also every action they make is designed to destroy their own country and make life increasingly difficult for the citizens, perfect example the illogical response to sickness going around. Logically if they want to achieve their globalist dreams they have to destroy their native countries, and in this they happily work with Chinese communist officials.

  7. Their society is so corrupt and has been for so long, it's best not to do business with any of them. It's unfortunate but that's the way it has to be.

  8. Play "Trump card" (pun intended) "whataboutism" we all heard about "black card" "Jewish card" it is and "Chinese card", "To learn who rules over you, simply find out who you are not allowed to criticize" Trump said about Chinese buying real estate, he said a lot of gibberish, but fact stays, facts is he is Real estate mogul sometimes he knows that he is says even it is lost in other gibberish of his. It is fact in 2000s Trump helped a lot of ex-soviet union politicians gangsters to buy real estate in MIAAAAAAMI that is Trump pronunciation so I am allowed. No banks asked and IRS or FBI or money laundering of Interpol asked where origin on money that 3000$ to 5000$ per month salary bureaucrat (and that are shit load of salary compare to average citizen salary) can buy 3 million$ property in Miaaaaaaaaaami.
    Sorry but it is Canada government problem to regulate banks, insurance, real estate and locals Mayors who sings melody about fat investors form east. Real estate is most paper related activity and everybody hates taxes and bureaucratic system of paper work, according Kafka "paper slavery". Make more transparent real estate buy out for foreigners without labeling, Chinese racisms was very prominent in USA history that is historian fact. But Trump about Norway citizens that blatant racisms, Norway richest country in the world is welcomed, what about Syrians in war conflict why not help them. All moguls and industry pioneers and bankers they love money and not care about money origin, after laundromat all money smell the same, and AC/DC money speak money equal speech, "Chinese card".

  9. There was a Babylon5 spin off series where some alien glees over how they incite distrust against foreigners as bad influence, iconic scene.

    I do not hate Chinese, I denounce their crap though, and if single Chinese people screw up, I put the blam on this single or few Chinese, I do not blame all, by the way this is how I deal with anyone else apart from Chinese.

    A boring story actually.

  10. Thanks so much for pointing this out! I'm super impressed with this video. I will definitely share this. For months I've been trying to explain to my friends how mostly CCP housing investors are pricing local buyers out of the housing market. Apartment complexes as well. Rents rise with that too, causing massive homelessness. In a way, it's like a local grey war. But more importantly, houses and apartments left empty just eat up the housing market, building developers can never catch up. For a while I've been saying houses that are kept empty by investors should by law be rented after one year or six months of absence, after all the local bank has the mortgage. Or something like that. For the good of the community and even the house. Abandoned houses can be squatted in and burnt down or not kept up properly. Someone needs to live there at least sometimes. The Canadian vacant house tax idea is awesome. I hope the U.S. can implement that too. I'll definitely read that news article, share that, and share this video to my friends. Only by working on problems can we help our society and make things a little better. Also, thank you Winston for trying to dial down xenophobia. That's not the answer. Justice and more fairness is. Cheers. Stay Awesome!

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