Communist China should not be allowed to own ANY land in America, for obvious reasons.
Because they have already bought every condo in Vancouver.
https://www.fsa.usda.gov/Assets/USDA-FSA-Public/usdafiles/EPAS/PDF/2020_afida_annual_report.pdf
Country of Origin
Canadian investors own the largest amount of reported foreign-held agricultural and non-agricultural land, with 32 percent, or 12.4 million acres (report 1B). Foreign persons from an additional four countries, the Netherlands with 13 percent, Italy with 7 percent, the United Kingdom with 6 percent, and Germany with 5 percent, and the collectively held 12 million acres or 31 percent of the foreign-held acres in the United States.
The remaining 13.9 million acres, or 36 percent, of all reported foreign-held agricultural and non-agricultural land, are held by various other countries.
For example, China held 352,140 acres, which is slightly less than 1 percent of foreign-held acres.
I remember the scare stories back in the 60s about how the Arabs were buying up America. Then later it was the Japanese. Many of both lost their shirts.
Good.
If they act too stupidly we can nationalize everything they’ve bought.
And we can thank our corrupt politicians for letting this happen.
Staging grounds?
What is the law regarding foreign ownership of American property? Are they any laws restricting it?
Good. They owe us $2-3 trillion in reparations. I’m pretty sure Trump plans to nationalize all their US assets as repayment.
If anything goes down with them, *POOF*, they now no longer own ANYTHING inside the US borders. They should be FINE with this, right? Being against private ownership of land and all of that.
“At the beginning of 2020, Chinese investors had purchased upwards of 192,000 acres of American agricultural land.”
The US has 915 million acres of farmland NOT owned by ChiComm weenies.