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re: Chinese buy 300 acres of ND farmland for about $3 million

Posted on 7/2/22 at 4:50 pm to
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 7/2/22 at 4:50 pm to
I can’t believe foreigners can buy land in our country.
Posted by Penrod
Member since Jan 2011
40224 posts
Posted on 7/2/22 at 4:57 pm to
quote:

I can’t believe foreigners can buy land in our country.

Are you joking? I remember the 70’s and 80’s when Americans were widely concerned about a foreign nation “buying up” America. That nation? Japan.

And at the time, unbeknownst to most of those concerned Americans, the nation whose citizens owned the most property in America was Holland!
Posted by memphis tiger
Memphis, TN
Member since Feb 2006
20720 posts
Posted on 7/2/22 at 6:10 pm to
quote:

I can’t believe foreigners can buy land in our country.


Yep
Posted by halleburton
Member since Dec 2009
1520 posts
Posted on 7/2/22 at 9:09 pm to
Thats a bit preposterous...if you want to cap it at a certain arbitrary size, sure go for it, but dont expect other countries to allow our investors to buy thousands of acres of Ag land if we wont allow chinese to buy the same.

If you had a billion dollars would you want an island in the Caribbean? A house in Spain? Greece?
Posted by Powerman
Member since Jan 2004
162295 posts
Posted on 7/3/22 at 1:58 am to
quote:

I can’t believe foreigners can buy land in our country.

Or international money managers
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