06 July 2016 (00:07 UTC-07 Tango 01) 16 Tir 1395/30 Ramadan 1437/03 Yi-Wei 4714
“Ten years ago….you felt that New York belongs to New Yorkers, today New York belongs to the world. There are tremendous amount of buyers here….from Europe, from China, from South America, from Korea, from Russia, so it is no more a local buyer that is buying here.”-Michael Shvo, Israeli migrant property developer who’s lived in New York City since 1995, interviewed by Global 3000
The German state funded news media DW (Deutsche Welle) revealed in their “Globalization Program”, Global 3000, that the Big Apple’s (New York City) skyrocketing gentrification (‘native’ long term residents being pushed out, and/or middle class pushed into poverty, by property development resulting in skyrocketing costs of living) is caused by foreigners, not poor migrant workers but 1% elitist migrant property developers!
In 2015 it was revealed that a Chinese car parts maker was on its way to becoming the top buyer of U.S. property, then this year the Asia Society reported that “Chinese investors acquired at least $17.1 billion of existing commercial property between 2010 and 2015, representing an annual growth rate of 70%. Half of that investment came in 2015 alone…. ….. 70% of commercial real estate transaction value between 2010 and 2015 was concentrated in the New York, Los Angeles, and San Francisco metro areas….”
But unprecedented real estate development in New York City is also being pushed by rich migrants from other countries, the Global 3000 program interviewed and Israeli migrant who is now behind some of the most expensive operations in the Big Apple. Michael Shvo told Global 3000 that NYC is “super-prime” because “there’s no where to develop”. When the Global 3000 interviewer asked the Israeli property developer how much he charged to rent one of his NYC apartments he answered with “If you have to ask then you shouldn’t be buying.”
Global 3000 discovered that the average retired ‘middle class’ New Yorker now qualifies for the city’s welfare programs when they caught retired university professor Marsha Halfez applying for rental assistance. Halfez stated it was “embarrassing” that somebody like her should have to apply for rental assistance.
A real estate agent revealed that even a “decent” apartment for a family of four requires them to have an annual income of $300-thousand USD, even for apartments that are so old they don’t have clothes washer/dryer hookups: “The washer/dryer is something that is 100% a luxury……these buildings were not made to take a washer/dryer.”-Jed Wilder
So we’re not talking poor immigrants/refugees, the skyrocketing rents across the U.S. is caused by wealthy property speculating migrants, some using the EB-5 Immigrant Investor Program.
“Unprecedented” Supreme court case supports China buying U.S. properties: CHINA WINS FEDERAL COURT LAWSUIT AGAINST OBAMA REGIME!
GLOBAL ECONOMIC CLASS WAR: CHINA NOW HAS PROPERTY TAX, ON THE RICH
NO ECONOMIC RECOVERY FOR U.S.: PROPERTY OWNERS PUT U.S. LAND UP FOR AUCTION IN CHINA, OFFERS IMMIGRANT APPLICATIONS TO HIGH BIDDERS
NEW YORK CITY DESPERATE TO SELL LAND TO CHINA
U.S. FARMING HUMAN TRAFFICKING!
U.S. Sheriff says “WE’RE NOT TAKING CARE OF OUR OWN PEOPLE, THAT’S BULLSHIT!”
MY IMMIGRANT IDAHO : CRIMES SKYROCKET PARTLY DUE TO DOMESTIC AND FOREIGN MIGRATION!