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Started By
Message
1
Posted on 9/14/22 at 10:44 am to fareplay
How about we rephrase the question this way:
Say I own a home, and I want to sell it to a willing buyer who is a foreigner. But the government swoops in and says no.
Looks a little different in this light, don't it?
Say I own a home, and I want to sell it to a willing buyer who is a foreigner. But the government swoops in and says no.
Looks a little different in this light, don't it?
Posted on 9/14/22 at 10:48 am to fightin tigers
quote:
People in here owning REITs and wanting to frick themselves.
What's best for me =/= the best way to run a society.
Posted on 9/14/22 at 11:03 am to Mingo Was His NameO
quote:
They kind of already do. Homestead exemptions. Problem is the increased cost is just passed on the the customer (renter)
Then increase that tax so much that nobody can afford to own it.
If corporations want to buy residential homes to use as rental properties, tax the sale at 100% of the sell price, then tax them every year quadruple the property tax rate.
Posted on 9/14/22 at 11:04 am to fareplay
Our Supreme Court has already ruled that corporations are people too.
Posted on 9/14/22 at 11:07 am to fareplay
American companies cannot even operate in China without the Chinese government having majority interest. There are few exceptions to this. (Tesla)
I think we should severely limit it because it can be an economic weapon.
I think we should severely limit it because it can be an economic weapon.
Posted on 9/14/22 at 11:09 am to nealnan
quote:
Say I own a home, and I want to sell it to a willing buyer who is a foreigner. But the government swoops in and says no.
Replace “foreigner” with “negro” and you had the segregation era
Posted on 9/14/22 at 11:10 am to wadewilson
quote:
If corporations want to buy residential homes to use as rental properties, tax the sale at 100% of the sell price, then tax them every year quadruple the property tax rate.
The problem with that is it affects Joe Blow buying $100k college rental houses in Hammond, too
Posted on 9/14/22 at 11:13 am to Mingo Was His NameO
That's fine. Discouraging real estate rentiers is part of my authoritarian agenda.
Posted on 9/14/22 at 11:19 am to fareplay
I’ve thought this for a long time. None citizens should be required to rent. Corporations and companies on the stock exchange also.
Posted on 9/14/22 at 11:37 am to Breauxsif
Im mean realistically we could just burn up the deeds qnd dare em to come do something. Thats what they would do
Posted on 9/14/22 at 12:27 pm to fareplay
What do the corporations do with the housing? Are they renting it out? Flipping it for a profit?
Posted on 9/14/22 at 12:31 pm 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
Wait
Potato head said it was MAGA Republicans.
Posted on 9/14/22 at 12:34 pm to fareplay
I'm as libertarian as it gets, but we have bent over backwards to consider corporations as people for far too long. Businesses are not people, and businesses that suck at the teet of the state and federal governments are basically a branch of government at this point to me.
Posted on 9/14/22 at 12:35 pm to chalmetteowl
quote:
Replace “foreigner” with “negro” and you had the segregation era
Replace "dog" with "people" and you have Peta being mass murderers.
Posted on 9/14/22 at 12:40 pm to HempHead
So you are against any forms of real estate as investment.
Posted on 9/14/22 at 12:54 pm to fareplay
Don't fight it. Greed always wins out.
Posted on 9/14/22 at 1:16 pm to rd280z
They should have to go through several hoops. It's not easy buying land in some countries, if at all.
Capitalism is America.
Capitalism is America.
Posted on 9/14/22 at 1:18 pm to TigerFred
quote:
So you are against any forms of real estate as investment.
I'm not against development as an investment vehicle, but I would like to discourage rental income.
Posted on 9/14/22 at 1:19 pm to chalmetteowl
quote:
Replace “foreigner” with “negro” and you had the segregation era
The foreigner buys the house, not lives in it. Otherwise he's no longer a foreigner, and is an immigrant.
This post was edited on 9/14/22 at 1:20 pm
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