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Should corporations and foreigners be able to buy houses?
Posted on 9/14/22 at 9:55 am
Posted on 9/14/22 at 9:55 am
I saw an article saying large blocks of housing is purchased by black rock etc. which makes residential housing expensive due to lack of inventory. Same for Chinese nationals buying houses. Can we go Americans first and make these illegal?
Posted on 9/14/22 at 9:56 am to fareplay
i have a bigger problem with chinese corporations and chinese shell companies buying our farmlands.
Posted on 9/14/22 at 9:56 am to fareplay
If I want to own land abroad it would be hypocritical to not allow someone to own land here.
Posted on 9/14/22 at 9:58 am to fightin tigers
quote:
If I want to own land abroad it would be hypocritical to not allow someone to own land here
You already can't in a lot of places
Posted on 9/14/22 at 9:59 am to fareplay
The greatest threat to U.S. national security is the Chinese, yet we allow them to buy large sums of U.S. real estate
Posted on 9/14/22 at 9:59 am to fightin tigers
quote:
If I want to own land abroad
Have you tried purchasing land abroad?
Most desirable places make it extremely difficult to work, reside, purchase property if you aren't a bonafide citizen.
Posted on 9/14/22 at 10:03 am to Mingo Was His NameO
quote:
You already can't in a lot of places
And I don't like that...
Posted on 9/14/22 at 10:03 am to Breauxsif
quote:
The greatest threat to U.S. national security is the Chinese, yet we allow them to buy large sums of U.S. real estate
Doesn't really matter. We could always just take it all back.
I have a real problem with corporations buying up new homes and immediately turning them into rental property (hurts my brain because I'm usually all in on capitalism). I think Canada is correct on this issue.
Posted on 9/14/22 at 10:09 am to fareplay
Nope. Corporations and foreign money buying up American homes and thus making it harder for US citizens to secure their futures is something that should be talked about a lot more. Idk what legislation can be passed but something needs to be done
Posted on 9/14/22 at 10:11 am to fareplay
No, particularly foreign owned.
Posted on 9/14/22 at 10:14 am to fareplay
quote:no
corporations
quote:absolutely not
foreigners
Posted on 9/14/22 at 10:16 am to fareplay
1 in 4 houses purchased in the past 3 years have been by corporations.
You will own nothing and be happy.
You will own nothing and be happy.
This post was edited on 9/14/22 at 4:28 pm
Posted on 9/14/22 at 10:18 am to fareplay
I'd heavily, heavily restrict the ability of foreigners to purchase property.
As far as corporations, and I do mean ALL corporations (including the family investing LLC or S), I would impose an exponentially increasing property tax for multiple homes, and something similar but less severe for land.
As far as corporations, and I do mean ALL corporations (including the family investing LLC or S), I would impose an exponentially increasing property tax for multiple homes, and something similar but less severe for land.
Posted on 9/14/22 at 10:22 am to fareplay
Heavily restrict foreign real estate investment.
Levy a substantial tax or fee for multiple residential property ownership.
Restrict corporate ownership of individual residential houses
Levy a substantial tax or fee for multiple residential property ownership.
Restrict corporate ownership of individual residential houses
This post was edited on 9/14/22 at 10:24 am
Posted on 9/14/22 at 10:25 am to fareplay
should do a temporary moratorium until we can figure things out, kind of like what canada did
Posted on 9/14/22 at 10:28 am to Breauxsif
quote:
The greatest threat to U.S. national security is the Chinese
YouTube - PolyMatter - Demographic Collapse - China's Reckoning
Watch this series and check back in.
Posted on 9/14/22 at 10:30 am to HempHead
quote:
As far as corporations, and I do mean ALL corporations (including the family investing LLC or S), I would impose an exponentially increasing property tax for multiple homes, and something similar but less severe for land.
They kind of already do. Homestead exemptions. Problem is the increased cost is just passed on the the customer (renter)
Posted on 9/14/22 at 10:39 am to Breauxsif
quote:bless your heart. democrats/wealthy liberals are our greatest threat. except they aren't a threat bc they've destroyed us.
The greatest threat to U.S. national security is the Chinese,
Posted on 9/14/22 at 10:39 am to fareplay
The builder of our home in our cookie cutter neighborhood said they were restricting foreign owned entities and corporations from buying up any of the properties in the neighborhood. They didn't want it to be bought up and immediately turned into a bunch of rentals.
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