Just dropping this article here....good info...
https://freerepublic.com/focus/f-news/3925802/posts
Hay big spender! Farmer Bill is now the biggest owner of agricultural land in the US - billionaire Gates buys up 242,000 acres across 18 states
In another article linked in the thread is this scary info.....
“According to a recent article in US News, May 28, 2019, nearly 30 million acres of U.S. farmland is now owned by foreign countries. These are quietly emerging facts disturbing to many Americans, particularly small- and medium-sized farmers.
Many states have no regulations to stop the purchase of foreign countries from buying American farmlands. For example, Ohio and Texas have no restrictions, and approximately half a million acres of prime farmland have sold to foreign-owned entities. In Ohio this, in part, translates to 64,000 acres owned by companies from the Netherlands.
The Midwest Center for Investigative Reporting Tool (apps.investigatemidwest.org/afida/) provides information by state, county and name regarding foreign-owned lands. For example, Canada is top owner of American farmlands at 6.87 million acres; the Netherlands follows at 4.87 million acres; Germany with 1.94 million acres; the United Kingdom at 1.7 million acres; Italy with 1.4 million acres and France with 1.04 million acres. And the number is increasing.
In 1998, approximately 10 million acres of American farmland were foreign-owned, compared to 27.3 million acres in 2014. In summary, 54.9 percent of American land under foreign ownership is forestland; 23.6 percent pastureland and 21.5 percent cropland.”
Old hotness about land: “They aren’t making any more of it.”
New hotness about land: “They are removing more of it every day.”
And that’s before you get to the foreigners...
BTW, are we allowed to go to China and buy millions of acres of good farmland? Even if we were, who would trust them not to take it back without compensation?
Bill Gates is a farmer. Largest holder of farm land in the US.....
Wouldnt be shock if the purchases were proxy buys for the Chinese. They need to feed their people.
Thank you for bringing in that article. The land use by elite and foreign actors in the US and the world seems a particularly important thing to keep eyes on. We are the news now. Your work is appreciated
Well, probably a lot of that acreage can be forfeited for being owned by entities connected with the CCP. Including Gates’ acreage, hopefully.
Just Billy Gates investing in land to sell at a profit because he knows Xi is paying a pretty penny.
A dudes gotta make a buck.