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LA Developer: Chinese [Nationals?] Are Buying Up 28% of Altadena

A developer in Palisades and Altadena said that Chinese nationals are calling him and asking to buy up to five or six lots at a time in the fire-ravaged areas. Many of the people looking to buy up Altadena are Chinese companies, he says. If they are owned by Chinese nationals, that is a concern […] The post LA Developer: Chinese [Nationals?] Are Buying Up 28% of Altadena appeared first on www.independentsentinel.com.
DisclaimerRead with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.

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Independent Sentinel broke the news in on Saturday, August 16, 2025.
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