Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
I have an acquaintance that had squatters move in on one of his rental units. Sure enough he can not get an eviction and the local police hide behind “it’s a civil matter.” Next on the agenda if you are in the rental business be sure to put up a no trespassing sign, drive by your properties on at least a once a day schedule and never ever lend out a key for someone to inspect the property.
The ban is permanent
The #1 rule for investing in real estate:
Never invest in real estate in socialist $**tholes
This replaces the former #1 rule: buy low, sell high.