Faustian bargain? EB5 funds SF's Hunters Point, but then some visa holders buy peninsula homes, leave them emptyhttps://twitter.com/nicktimiraos/status/629678801581146112 …
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Replying to @eparillon
@eparillon then part of it goes into buying homes near Stanford, inflating prices there, driving tech workers north into SF1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler I'm not seeing how this is unique to EB5 though2 replies 0 retweets 0 likes -
Replying to @eparillon
@eparillon other categories are based on pre-existing family ties, skill & national quotas, eb5 is on capital1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler Sure, but people want the visa for a reason. It's not like they couldn't buy otherwise.2 replies 0 retweets 0 likes -
Replying to @eparillon
@eparillon the visas are there as an last ditch option in case of regime instability, or to send kids to American schools2 replies 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler@eparillon really? you think they're not immigrating unless shit hits the fan in .cn? wonder if there's data anywhere.2 replies 0 retweets 0 likes
@khuey_ @eparillon Chinese immigration is our largest flow, but it also spans a vast range, reflecting China's gaping inequality
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