Good time to throw some eminent domain action their way. Give them a dollar for each property.
What could possibly go wrong? /s
Didn’t most of this type transaction with foreign money begin during the Bill Clinton era? That still doesn’t excuse subsequent administrations from stopping it.
I got it! The new land owners will sue that there is a military base by their land and the US Government must close it! So they get a judge to agree and order it. The Chinese continue to buy more land next to military bases and sue. Under this administration we loss tens of military bases…….
“foreign developers” ? or UniParty allies?
Enquiring minds want to know...
I can speculate up a storm, but the simplest explanation is that if you are a rich person in a sh****le country — you know, a Chinese kleptocrat afraid of the God King Emperor Xi’s next purge, a Venezuelan graft billionaire, a Russian mobster, and maybe even someone legitimate — and you were looking for a safe haven to park your stash, U.S. real estate might look pretty attractive.
Let’s say you wanted to stash money in relatively safe places. You would spread your risk; all of it wouldn’t go into the U.S. You would probably diversify across asset classes. Real estate is a classic hidey hole and, given that places like California, New York, Illinois, etc. are getting sketchy, farm ground look like a good bet. Buy it, lease it out, and let it ride. You might even retire there someday if you get a tip and have a chance to flee before the regime’s goons pick you up.
Canadian lumber companies by far the largest foreign ag land owner. Canada and Western European countries own about 75% of foreign owned land. A lot of ag states already ban almost all foreign ownership of ag land.
Biden’s owners China and Iran are the ones to watch.
Democrats and RINOs have been selling off American to the highest bidders. For decades.
These acres and acres of land may also have tunnels all through them and out to the military bases.
It is almost over...
The greatest invasion the world has ever experienced has been accomplished efficiently, quietly, and with zero resistance...
60-million Huns are already inside the gates and that is well-beyond the tipping point...
One of the biggest existential threats of American sovereignty. And our politicians get theirs.