Is this the recurrence of what happened when Japanese was buying USA? only this time it's at a much larger scale. I saw rich people overseas buying real estate

Is this the recurrence of what happened when Japanese was buying USA? only this time it's at a much larger scale. I saw rich people overseas buying real estates with cash, giving birth to kids for citizenship with tourism visa, sending their older kids to private schools here over the last few years, it's a trend getting stronger. While USA got some property tax in the pockets, the damage this does is more than any gains. They come here simply because they have cash. The business of America is business, I guess that's the only thing matters.