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Message
re: Are foreign Chinese investors buying up American housing
Posted on 2/9/24 at 11:49 am to yaboidarrell
Posted on 2/9/24 at 11:49 am to yaboidarrell
quote:
Not a bad way to create internal strife and weaken America from within
Why would China need to do this when the liberal retards are already over here doing it for them?
0
Posted on 2/9/24 at 11:53 am to Supermoto Tiger
quote:
I was thinking, what about the fair Housing Act/Equal Opportunity?? As a Realtor, violating this law will cause you to lose your license faster than any other law on the books.
Wouldnt the fair housing act be against an individual?
Not sure there is language that you cant discriminate against a company.
It's you cant deny renting or selling to someone based off skin color or sex, multi family units must be accessible for people with disabilities, cant discriminate when giving loans, etc..
This post was edited on 2/9/24 at 11:54 am
Posted on 2/9/24 at 12:05 pm to yaboidarrell
Chinese nationals, backed by who knows what, have been buying up tons of property on 30A. I have a buddy that is in real estate there and said it's very common. I know a family that sold their Seaside house to a Chinese man that has never been to Seaside.
Posted on 2/12/24 at 4:05 pm to yaboidarrell
Yes, so is BlackRock, Zillow and various hedgefunds.
Posted on 2/12/24 at 4:11 pm to yaboidarrell
Quite low compared to American based institutions, like 1 - 2% compared to 20%. So somewhat overblown.
But we should enact laws to give private owner occupants priority in all RE sales.
But we should enact laws to give private owner occupants priority in all RE sales.
Posted on 2/12/24 at 4:32 pm to CatfishJohn
quote:
Chinese nationals, backed by who knows what, have been buying up tons of property on 30A. I have a buddy that is in real estate there and said it's very common. I know a family that sold their Seaside house to a Chinese man that has never been to Seaside.
Can't get a single Congressman to draft legislation that actually protects both sides of the middle class aisle for once.
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