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re: Should corporations and foreigners be able to buy houses?
Posted on 9/14/22 at 1:33 pm to fareplay
Posted on 9/14/22 at 1:33 pm to fareplay
Makes no sense that foreigners can buy property in other countries. That's been the whole point of having a country up to this point in time. It's land you own and defend from others that want to take it. Why invade a country if you can just buy it? The US of all places should only allow nationals to own US soil.
I dont like corporations buying properties, but i don't know how you could stop it. A lot of these people that dont own homes physically cant or don't know how to maintain them. So they will always rent. And if ya let "some" companies do it, then all companies will do it.
I dont like corporations buying properties, but i don't know how you could stop it. A lot of these people that dont own homes physically cant or don't know how to maintain them. So they will always rent. And if ya let "some" companies do it, then all companies will do it.
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Posted on 9/14/22 at 1:36 pm to HempHead
quote:
I'm not against development as an investment vehicle, but I would like to discourage rental income
Spoken like a true communist
Posted on 9/14/22 at 1:41 pm to fightin tigers
quote:
And I don't like that...
You didn’t even know that to be true before the poster told you
Posted on 9/14/22 at 1:56 pm to SlimTigerSlap
quote:
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'd like to hear a good debate both ways. We don't live in a truly free market anymore so some of that goes out the window.
Posted on 9/14/22 at 2:00 pm to Yeti_Chaser
quote:
We don't live in a truly free market anymore
No human alive has lived in a truly free market.
*in even the slightest of the developed world*
This post was edited on 9/14/22 at 2:01 pm
Posted on 9/14/22 at 2:24 pm to Deactived
quote:
Spoken like a true communist
Posted on 9/14/22 at 2:27 pm to fareplay
quote:it would be unamerican for you to tell me I can’t sell my property to whomever is willing to pay the most amount of money for it
Can we go Americans first and make these illegal?
Posted on 9/14/22 at 2:29 pm to SuperSaint
quote:
it would be unamerican for you to tell me I can’t sell my property to whomever is willing to pay the most amount of money for it
You're not selling it to Juan, youre selling it to Chen who still lives in Beijing and takes the investment out of the country.
Posted on 9/14/22 at 2:31 pm to Mingo Was His NameO
quote:my wife is getting her Italian duel citizenship documented so our boys will have it. We’re planning to purchase some property in Sicily for them.
You already can't in a lot of places
Posted on 9/14/22 at 2:33 pm to RogerTheShrubber
None of your business who I sell my property to Rog. You’re more than welcome to make an offer but until then you can just sit back on down and sip your bud heavy baw
Posted on 9/14/22 at 2:34 pm to SuperSaint
quote:
None of your business who I sell my property to Rog.
Of course not, just you have no principles and worship the buck, right after the Horse.
Should foreign nationals be able to donate to political campaigns?
This post was edited on 9/14/22 at 2:36 pm
Posted on 9/14/22 at 2:36 pm to RogerTheShrubber
quote:
just you have no principles
at you bringing up being principled MORRR rules and legislation less property rights huh Rog
Posted on 9/14/22 at 2:37 pm to SuperSaint
Should foreign nationals be allowed to buy American elections?
Posted on 9/14/22 at 2:40 pm to RogerTheShrubber
quote:
Should foreign nationals be allowed to buy American elections?
Third time
Posted on 9/14/22 at 2:41 pm to SuperSaint
quote:
MORRR rules and legislation less property rights huh Rog
Foreign nationals have no rights, goober.
Posted on 9/14/22 at 2:43 pm to fareplay
I think the best solution is to prohibit the purchase of land (for foreigners) and restrict the total number of dwellings (for corporations).
That way foreigners can still buy living space if they need to - eg, a condo or apartment - but Chicom kleptocrats can't inflate the price of residential housing by using the bountiful US RE market as a vault for their pilfered gains.
As for corporations, I don't think the average American will benefit from corporatized slumlording. If you think it's tough dealing with local landlords and sellers, just wait until companies like Black Rock hold the keys. Let them invest and develop on a reasonable scale but no growth to Amazon levels.
Posted on 9/14/22 at 2:43 pm to Mingo Was His NameO
quote:
You already can't in a lot of places
Anywhere that Americans can't buy property should be the same way here.
Posted on 9/14/22 at 2:45 pm to RogerTheShrubber
Ad hominem attacks and being obtuse
No one saw that coming
No one saw that coming
Posted on 9/14/22 at 2:47 pm to AUFANATL
quote:
but Chicom kleptocrats can't inflate the price of residential housing by using the bountiful US RE market as a vault for their pilfered gains.
Its just moving assets from here to there. It contains no benefit for Americans.
Posted on 9/14/22 at 2:47 pm to HempHead
quote:
I'm not against development as an investment vehicle, but I would like to discourage rental income.
The vast majority of development in America depends on rental income. Multifamily, retail, office, hotels, etc.
I agree that allowing single family homes to be purchased at scale and rented out en masse is a big problem.
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