Senate Republicans introduce bill to stop China from buying American land
(americandigest.com)
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My belief is that one has to be an American citizen to own real estate, and if a corporate entity then 2/3rds must be owned by American citizens and no foreign entities. Meaning that foreign corporations and governments cannot be part of that equation but foreign individuals can (2+1). Property currently owned by the new exclusionary class have three years to sell, or become a citizen. If it cannot (or will not) sell after three years then the properties will be sold via public auction. There is a shit ton of good properties owned by foreign entities and individuals, which is one of the reasons real estate has been inflated in urban areas. This would be a good start to return to a more normal supply & demand model for real estate. Farmland should be even more strict.
Must be election time......
Why just China? No foreign ownership.
Watch who votes against it.
Let us all pray that it goes through and that we also get to take back what land they have already purchased/stolen. Amen.
Amen!
About effing time
Those that interfered with out elections forfeit it all.
This is a test to see who signs where and then we ask why during the military tribunal
Hard to fathom this wasn’t law 100 years ago.