Arkansas to force Chinese to give up land

[OwnTheRide]

I doubt this will change anyone's opinion, but the reality is that none of us own land. We rent it. Sure, we bought it and paid for it, but try skipping out on your property taxes for a few years and see how long you continue to own it. "Exclusive access and control so long as regular payments are made" = renting.

And that's not even getting into Eminent Domain and the rampant abuses found within.

 

[fresch]

I doubt this will change anyone's opinion, but the reality is that none of us own land. We rent it. Sure, we bought it and paid for it, but try skipping out on your property taxes for a few years and see how long you continue to own it. "Exclusive access and control so long as regular payments are made" = renting.

And that's not even getting into Eminent Domain and the rampant abuses found within.

Party pooper.

 

[TEOTWAWKI inc.]

Foreign investment is important so I do not support banning Foreign nationals from owning property. I do support cutting communists off completely from any economic activity.
I also support restricting land purchases around strategic areas and I also support expediting or otherwise adavantaging domestic purchasers of land over foreign purchasers. Only to a limited degree though, again foreign investments are important.

I support keeping productive arable land in agricultural use. The 160 acre farm in Arkansas owned by a Chinese company bothers me slightly less than some developer getting a sweetheart deal to turn it into a casino or something.

 

[Acer-m14]

???? are the below FARMERS ..

Bill Gates hit the headlines in 2020 by becoming the country's largest owner of private farmland. At that time, he had about 269,000 acres in 18 states across America. Ted Turner, the media mogul, also owns 2 million acres of farmland, while Amazon founder Jeff Bezos owns over 420,000 acres.Aug 6, 2023


why did they buy up all this land ..


for there overseas friends ??

ohhhh solar fields .. ??

 

[Mosinitis]

Similar measures will follow against American companies abroad.

 

[Acer-m14]

Restrictions for foreigners buying property in China​

In addition to the above, you also need to know what you are and aren’t allowed to do when purchasing property in China. Here are the key restrictions to be aware of:²

• You can only buy one property in China as a foreigner - second homes aren’t allowed
• The property you buy must be for living in
• You’re not allowed to rent out the property or act as a landlord.

Buying property in China as a foreigner (2024): The complete guide

Buying property in China? Our guide covers legal, financial, and cultural aspects. Explore tips and insights for a successful real estate investment.

wise.com

 

[Mosinitis]

China is a member of BRICS. That's lots of territory, but even other countries can take the same approach.

 

[pjzwtl]

China is a member of BRICS. That's lots of territory, but even other countries can take the same approach.

OK that’s their prerogative but for the most part China already does it and many countries have bid limits as well. Allowing foreign entities to just buy at will is suicidal

 

[Mosinitis]

OK that’s their prerogative but for the most part China already does it and many countries have bid limits as well. Allowing foreign entities to just buy at will is suicidal

We can pass any laws we like, but there is a backlash when it is done in spiteful and controlling manner. In the end U.S. economy and International standing of U.S. dollar will lose out. Arbitrary use of sanctions and freezing of funds belonging to foreign governments already had an effect. The use of U.S. dollar as International currency was based on trust, which is no longer there.

 

[Saltwater60]

If they're not a US citizen I'd be against them owning any. Just as well, I would expect to be banned from owning land in China as a US citizen.

I agree other than a house or some land for private use but not business related.

 

[FrankenCub]

I agree other than a house or some land for private use but not business related.

I could probably concede to allowing non citizens to buy a home/land to build, with the exception of property under let's say... 10 acres.

 

[pjzwtl]

We can pass any laws we like, but there is a backlash when it is done in spiteful and controlling manner. In the end U.S. economy and International standing of U.S. dollar will lose out. Arbitrary use of sanctions and freezing of funds belonging to foreign governments already had an effect. The use of U.S. dollar as International currency was based on trust, which is no longer there.

Interesting you use the term spiteful? In that case maybe we should just mirror mother Russias or Chinese laws regarding the matter.

 

[Willyone]

China is our enemy. Why should the US allow our enemy, its citizens or businesses, to buy real estate of any kind here? WTF, it's not complicated.

 

[Saltwater60]

I doubt this will change anyone's opinion, but the reality is that none of us own land. We rent it. Sure, we bought it and paid for it, but try skipping out on your property taxes for a few years and see how long you continue to own it. "Exclusive access and control so long as regular payments are made" = renting.

And that's not even getting into Eminent Domain and the rampant abuses found within.

I don’t identify with eminent domain applying to me. That will never happen unless it works for me.

 

[Mosinitis]

Interesting you use the term spiteful? In that case maybe we should just mirror mother Russias or Chinese laws regarding the matter.

Neither Russia, nor China impose sanctions as punishment for our internal matters that don't concern them. Only U.S. and E.U. do that.

"We are constantly told what we should do or what we shouldn't do in our country. Who are you to tell us!" - V. V. Putin

 

[pjzwtl]

 

[Mosinitis]

Mind your own fucking business seems to be echoed around the world.

 

[pjzwtl]

Restrictions to foreign land ownership in Russia - Van Rhijn & Partners

 

[Mosinitis]

Restrictions to foreign land ownership in Russia - Van Rhijn & Partners

Supports my point on retaliatory measures.

 

[pjzwtl]

It proves they restrict it

 

[Mosinitis]

It proves they restrict it

Chinese land ownership in the U.S. was unrestricted up until now?

 

[pjzwtl]

Chinese land ownership in the U.S. was unrestricted up until now?

Better re read my comments

 

[Mosinitis]

Better re read my comments

No thank you, whatever.