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.
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.
