Newsom Letting CCP Buy Up Burnt California Land Sparks National Security Alarms
Newsom Letting CCP Buy Up Burnt California Land Sparks National Security Alarms
Governor Gavin Newsom is facing backlash after reports revealed nearly 30% of fire-destroyed properties in Pacific Palisades and El Tadino were snapped up by Chinese investors. Contractors say buyers are pushing bulk purchases of 5–6 lots at a time, with footage showing Chinese nationals surveying burn zones. Analysts warn BlackRock and other firms are offloading properties to CCP-linked buyers, fueling housing costs and giving Beijing a dangerous foothold in California. Chinese nationals spent $ on U.S. homes in just one year — an 83% spike — prompting calls for federal intervention to stop what critics call a “stealth invasion.”
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