4 ms·
That corporate ownership aspect is actually a good point. I'm not well-versed on the legal complexities of international ownership or the pros and cons of corp
by OkGoDoIt 8y ago
That corporate ownership aspect is actually a good point. I'm not well-versed on the legal complexities of international ownership or the pros and cons of corporate governance in that situation, but it's definitely something worth looking into further.
On a related note, I find it frustrating how so much residential property in San Francisco is owned by Chinese investors/real estate moguls. I have no idea what the fallout would be to limiting the ability of international entities to own so much property here, but I imagine it would help with the sky-high rents. It's not a line of reasoning I've ever seen a good write-up on, so I would be curious to understand it better.