From iSteve commenter Abe:
I recently found out that 20% of the houses in my upper middle class subdivision are owned by absentee Chinese landlords. I don’t have time to do a MAGNUM PI style unravelling of all this, but the range of Chinese ownership varies from Brewster & Beckie Han 3rd generation American-as-apple pie Chinese Americans investing their capital in the real estate market to CPC apparatchiks laundering money overseas and several shades in between.
For example, a Chinese family we are friendly with and where mom & dad don’t have particularly lucrative or dazzling careers claim to own several (I think they said over 10!) houses.
Another thing I have seen is Chinese caretaker ‘ancients’ ensconced in houses that look way too expensive for them. For example, a house I drive by regularly has a 1000 year old-looking Chinese man in ratty sweats living there. The house if maintained and updated is worth $3/4 of a million, but the lawn out front is dead AND YET I see the 1000 year old man out front at least once a week pathetically trying to water it–with water drawn from INSIDE the house in a used milk jug! It’s as if he was planted in this house to oversee it by its rich overseas owner yet not given enough pocket change (or vehicular mobility) to buy a stupid lawn hose and spray nozzle at Walmart! My best guess is therefore he is some poor country cousin relation of the real owner, likely an overseas CPC muckety-muck with significant business holdings expatriating his wealth to America, then through a network of loose family and client-patron connections installing cheap caretakers at each of his properties to maintain them until such time as it is optimal to sell or rent them out.
Steve years ago already pointed out the common practice of overseas Chinese installing 16 year old relations in their California condos so that they have enough time at CA high schools to then claim in-state tuition benefits for UCLA/BERKELEY.
As America keeps degenerating, both Chinese ownership and flouting of such paper technicalities as who is “American” and who is foreign-Chinese and who can get in-state tuition and who can vote will only increase.