4 ms·
Banning foreign non-residential ownership is insane! You apparently want to live in a world where people are not allowed to buy a holiday cottage in France? Or
by grkvlt 10y ago
Banning foreign non-residential ownership is insane! You apparently want to live in a world where people are not allowed to buy a holiday cottage in France? Or prevent people from buying a city pied-a-terre and a country house? If I have the money, and I want to purchase another house in another country or city, I should absolutely be able to do so, and I cannot imagine a world where this would ever not be the case... And, to answer your question, purchasing the house benefits me, the owner. I now have my own place to stay in another country or city, whenever I want to go there.
- TheSpiceIsLife 10y agoTrue, good point. I might conjecture that not-banning non-resident ownership is proving to be a bit wobbly too though. I suppose I should say something like: as we more in to a world where more and more people have the ability to access foreign residential property as an investment class we might need to rethink the rules around foreign non-resident property ownership for residential property, under some circumstances, perhaps, maybe.