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Say the area is originally 10% chinese and 90% caucasian, and there are 1,000 houses in the area. On any given weekend, 5 houses change hands. Assume 80% of these (4 out of the 5) are purchased by Chinese, but also that every 2 weeks one of the 10 sold is sold by a Chinese owner. After 52...

This logic only works if you assume the % of chinese people living in the suburb remains the same. What you're describing is an increase in the proportion of Chinese people in the suburb, yes?