A Sore Spot in L.A.’s Housing Crisis: Foreign-Owned Homes Sitting Empty

The Wall Street Journal, Feb. 9, 2025-Rebecca Piciotto
SAN MARINO, Calif.—In an upscale Los Angeles suburb around 10 miles from a neighborhood charred by recent wildfires, unscathed seven-figure homes sit on lawns trimmed at precise 90-degree corners. Several are empty, with owners living thousands of miles away in China.
Click here for more (subscription)