Anti-Asian sentiment bubbled to the top during a town hall in Brooklyn over concern about all-cash real estate deals and illegally subdivided homes, reported The Brooklyn Paper.
Hundreds attended the meeting. The overwhelming majority of the people were white with only a handful of Asian Americans.
“I feel a little uncomfortable with an Asian in the room,” a man yelled.
Others expressed frustration toward Asian investors they say are gobbling up homes in the city.
But the phenomenon is not limited to Asian investors.
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Australian investors have been doing the same for years in the area.
Last year landlord Vasilios Gerazounis pleaded guilty to criminally negligent homicide after 5 Guatemalans died in a fire because they were trapped in a home Gerazounis illegally subdivided.
You can read the reaction from an Asian American realtor who attended the meeting in The Brooklyn Paper.
