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The wealthy of the world should shouldn't be able to buy up our real-estate period. In the USA, all it takes is a email, or phone call, from practically anywhe
by donthellbanme 4y ago
The wealthy of the world should shouldn't be able to buy up our real-estate period.
In the USA, all it takes is a email, or phone call, from practically anywhere in the world and they own it.
At minimum we (USA) need to start with citizenship as a prerequisite. Oh yea, stop corporation for buying up precious stock too.
(Until we have more stock--the last thing we should allow is foreigners with funds buying our land. I have found it infuriating since I found out about how easy it is to buy here. Other countries do not let wealthy Americans buy land so dam easy.)
- 2143 4y agoWhen the wealthy of the world buy land in USA, isn't their wealth from abroad getting transferred into USA? That's foreign money coming in to USA. Technically, that's a good thing for the country as a whole.