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

Posted on 7/2/22 at 5:11 pm to
Posted by Oates Mustache
Member since Oct 2011
22382 posts
Posted on 7/2/22 at 5:11 pm to
Why do we fricking allow this?
Posted by gothamdawg
NYC
Member since Nov 2015
958 posts
Posted on 7/2/22 at 5:57 pm to
quote:


Chinese buy 300 acres of ND farmland for about $3 million
Why do we fricking allow this?


Allow this? We encourage it.
Have you heard of the EB-5 program? For approx. $500K "investment" foreign nationals, including the Chinese, can get a Green Card or U.S. residency.

A crazy amount of Manhattan real estate is owned by foreigners under this program and otherwise, sending real estate prices sky high, and not affordable even for the upper middle-class ($2 Million for a 2 bedroom apartment).

All this is supported by obviously by the real estate industry and also the NYC government, since it pumps their coffers (even though they supposedly support affordable housing ).
Posted by burger bearcat
Member since Oct 2020
8957 posts
Posted on 7/2/22 at 6:03 pm to
quote:

Why do we fricking allow this?


Once you realize we aren't the we you think we are. Your government doesn't recognize you or I as their fellow countrymen like most Americans would assume. This country is mostly just a charade. We are simply a piece of land owned by a bunch of global elite oligarchs, and they let us stay here and live as their serfs as long as we don't rock the boat.

In exchange they have provided us a certain level of comfort and quality of life to placate all of us, which has worked to keep the masses of this country fairly docile and soft.
This post was edited on 7/2/22 at 6:08 pm
Posted by BigMob
Georgia
Member since Oct 2021
7625 posts
Posted on 7/2/22 at 6:04 pm to
quote:

Why do we fricking allow this?


We should be seizing every freaking thing China owns in the US as reparations for COVID.
Posted by tokenBoiler
Lafayette, Indiana
Member since Aug 2012
4450 posts
Posted on 7/2/22 at 8:13 pm to
quote:

Why do we fricking allow this?
Why do we allow capitalism and property rights? Is this a trick question?
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