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Affordable living can be had, where only the citizens can buy land. E.g. the philippines has quite affordable housing. And magically only filipinos can buy land
by bfrog 3y ago
Affordable living can be had, where only the citizens can buy land. E.g. the philippines has quite affordable housing. And magically only filipinos can buy land. Coincidence?
- RIMR 3y agoYou may be onto something, but we should really draw the line between personal property, and private property more than citizenship. We shouldn't have a problem letting a non-citizen buy a home in the USA, so long as they hold some sort of visa allowing them to be here. But there should maybe be restrictions on letting non-citizens buy properties as investments, and rent them out, especially at scale. Countries like the Philippines also have domestic housing regulations preventing residential property from being sucked up by property management companies to be rented out for profit to such a scale that it prevents prospective homeowners from purchasing real estate.