Why Are Chinese Millionaires Buying Mansions in an L.A. Suburb?

Chinese money transforms a California suburb
Photograph by Damon Casarez for Bloomberg Businessweek

“Oh, hey! How ya’ doin’?” Raleigh Ornelas hollers, leaning out the window of his spotless white pickup truck. He’s recognized the man across the street, a developer standing in front of a Tuscan-style mansion under construction. “Where have you been hiding at? I call you, you don’t call me.”

To continue reading this article you must be a Bloomberg Professional Service Subscriber.