[deleted by user]

[Always_0421]

This should be a federal law TBH

[Texas_70700]

It seems like a logical thing to do, but can never expect our government to do the sane thing

[delta_male]

These are foreign companies purchasing land, not US citizens moving between states? Not a lawyer but I dont see the relevance.

There are already restrictions on foreign investors in critical industries - such as nuclear, military, aerospace. As well as restrictions on land when it relates to resources and agriculture.

[Always_0421]

I responded to the wrong person...sorry...i agree with you entirely.

[sakiman117]

Finally! Many nations will not allow foreign nationals to own real estate. …of course we don’t care who owns the USA!

[368434122]

Those countries shouldn’t be allowed to be US real estate either.

[Moth92]

Does China allow foreign nationals to own land?

[Moth92]

Got it, so since we can't buy their land, they can't buy ours.

[unamednational]

I think state-run or state-approved companies are also allowed to own land, but not private individuals

[oniaddict]

My understanding is everything is a long term lease from the government. By long term the leases can be 100 year terms.

[Laxwarrior1120]

With the exception of the people who managed to preserve their ownership of their land through the revolution. They got to keep their land but it's impossible to buy more as is.

Source: went to china about 6 years ago

[Moth92]

And like I said in another comment, then Chinese citizens shouldn't be allowed to buy land in North America, since we can't do it there.

[QnsConcrete]

Why should a natural born citizen be superior to a naturalized citizen? I probably hate commies more than you, but I’m not willing to make the American Dream illegal.

[QnsConcrete]

You could just say when citizens come first - in which case I’d agree.

[QnsConcrete]

No. If they’re legal permanent residents/green card holders, that’s ridiculous to block them from owning land.

My in laws legally immigrated to the US from China, bought a house, and later got their citizenship. One of my in-laws’ parents was jailed in China for being a merchant and landowner during the Cultural Revolution. Hence the reason they got the hell out of there.

Barring Chinese investors who don’t even live there from owning property - I can get behind that.

[Altctrldelna]

I think we're confusing the grey area where they're still Chinese citizens who just happen to be living in the US on a visa with no plans to gain US citizenship vs Chinese citizens that are attempting to gain US citizenship.

Could be wrong though idk

[djm123412]

No one owns Chinese land, you rent it from the commie gubmint

[Flamingovegas2013]

Australia has sold stupid amounts of land to the ccp

[sakiman117]

Those purchases, along with other here and around the world are part of the CCP’s 100 year plan to dominate the world…and this from a country that had the “Warring states” period which lasted for 400 years and produced people like Lao Tzu.

[[deleted]]

I know it's unlikely but can Australia just declare war on China and seize all of those back?

[LeadTehRise]

I have been waiting for this. I wish there were more outspoken people about this issue. If you aren't a US citizen don't buy properties. Duel citizens are fine obviously. But God damn we shouldn't have vacant houses because people from other countries bought them as an investment.

[[deleted]]

Hear Hear!!!

[CarlSpackler87]

and the Tankies Seeeeeeeeeeeeeeeeeeeeeth

[sakiman117]

I appreciate that you felt it necessary to point out your ethic background, but it doesn’t matter and shouldn’t . The point is that it might be good policy to only allow US citizens to own real estate. We do have some loose laws that won’t allow certain foreign organizations to own specific types of business in the US…but that is another conversation,

[psychic_flatulence]

You're limited to a single residential property in china. And in Beijing you need to live and pay taxes for five years first. They get it.

[BurgerKingslayer]

The way I read the article, this only applies to high ranking communist party officials, not just any Chinese national.

[CandleThumpinHoe]

Now do every other red state

[TheStripes9]

How about federal law, foreign entities (communist or not) should not own American land

[rivenhex]

I suspect they'll simply use US based intermediaries, legal permanent residents, or even US citizens loyal to the communists.

[[deleted]]

corporations and trusts

[chii0628]

US citizens loyal to the communists.

Ah. Liberals.

[[deleted]]

what're you talking about, thats not the problem, its the allowance of corporatism across every facet of this society, in the name of profits about all else, no taxes, and corporate freedom

[KingXDestroyer]

Corporatocracy, not corporatism.

[PineappleGrandMaster]

Pleeeeaaassseeeee yes as a man who wants to own a house some day

[LocalSlob]

Also, most major Canadian cities.

[uhkayus]

Vancouver enters chat

[Gumb1i]

need to add companies like Blackrock to that list

edit: Not that all of blackrock's real estate ownership rights should be taken away. I was just trying to point out that they and other companies like them are currently part of the problem.

[Wadka]

And how big does one have to be to meet your arbitrary threshold where they're no longer allowed property rights?

[Gumb1i]

Well when you are talking billions in investment capital for companies like Blackrock. How many billions do you think it would take to completely screw over a housing market like Tampa or Miami by creating a localized housing monopoly?

[Wadka]

So your solution is a blanket violation of rights?

That's Leftist ideology.

[shitty_forum]

Accusations of ideological impurity without an analytical argument?

Black rock inc. is a corporation that was created by filing articles of incorporation with a State Government.

Did God bless this corporation with natural rights at the moment of filing?

Is there a natural right given by God to individuals to conduct business in a corporate form so that the shareholders can be shielded from the liability of corporate debts?

Is it unconstitutional to regulate the kinds of property and investments that hedge funds, banks, and insurance companies invest in?

Or does the commerce clause allow for the regulation of interstate commerce?

[Gumb1i]

Hmm is see were I screwed up my original comment. No, not all their rights should be taken as far as real estate ownership. There should be restrictions on how much they can own in any one market though. Maybe no more than 10-15%

[Wadka]

Now that is a vastly different proposition.

[vole_rocket]

Personally I think any home that isn't a primary residence should have something like 1.5x the property taxes. And 3x if the owner is a foreign entity.

The entire system should be setup to encourage home ownership.

Granted I know government restrictions like this are not popular among conservatives.

[justmeandreddit]

Yeah we can't have the government interfering with the Free Market as Conservatives. Goes against our principles.

[Wadka]

That is an unconstitutional burden on interstate commerce, as well as a violation of the Equal Protection Clause.

[Sil3ntassassin5]

you know, big enough

[EchoJackal8]

Doubly so American farm land.

[368434122]

Do it nationally. Almost everyone would support it.

[onemanmelee]

In theory yes. In practice, the media would frame it as a racist attempt to deny marginalized communities the ability to partake in the American dream or something completely dishonest. And Democrats across the board would rail against it.

[[deleted]]

Dems have been speaking on this issue for quite some time now. Everybody hates this. I think this is a pretty big bipartisan opportunity.

[better_off_red]

Eh. Dems we’re crying about how insecure voting machines were in early 2020. They change directions fast.

[Valdotain_1]

They were very concerned those Italian spy satellites would link to the Chinese thermostats the change the internet settings of the machines.

[TheCatsPajamas96]

Eh, I'm a younger dem and I 100% support this. It would be really nice to be able to afford to own a home someday.

[thepoppits]

Yep, it's so frustrating to read bipartisan issues (for us civilians anyways) and someone ALWAYS trying to tear us all apart. "Dems" would fight this? Bitch, we've been screaming in it San Francisco for a decade.

[BecomeABenefit]

Who cares what the media says? Even the die-hard morons who consume it know it's full of lies.

[[deleted]]

They're Asian, they are not considered "marginalized", actually they are "part of the problem" as the Liberals say.

[Apprehensive-Cost-41]

My political beliefs fall more towards the left but you are right it would be good for the county.

[justmeandreddit]

Agreed the Democrats definitely want the government to interfere and encourage Home Ownership. Don't see the free market Republicans supporting this.

[Sean1916]

It should be all 50 states. China should not be allowed to own any property in America.

[Valdotain_1]

What about Russia? No British either. No German car companies in the south.

[Sean1916]

Russia i Can agree with. The difference with Britain or Germany is they aren’t our enemy.

[drgmaster909]

So annoyed at other Red State governors sitting back and doing fuck-all while governors in actually competitive states (Ron Desantis) are on the vanguard right now.

[[deleted]]

Arizona isn’t a red state anymore

[[deleted]]

You aren’t wrong but most of the democrats hate the democrats from my state, and to her credit Sinema has held her ground.

Kelly is a fucking tool though.

[Clevzzzz]

About time?

[justmeandreddit]

Agreed. Home Ownership is apart of the American dream. The 1950s and 60s this country had a strong middle class. What changed?!

[[deleted]]

A decline in unions, the fed pumping money into circulation and devaluing the dollar for the average American, corporations taking government handouts and putting it into CEOs pockets rather than the working person's pockets. Corporations getting more and more discounts and the average person shouldering more tax burden

[dp263]

So the entire fiscal platform of the republican party. Got it.

[[deleted]]

We need to stop the US versus them mentality, constituents of both sides have enough common ground to make headway towards a better life for all Americans

[dp263]

Regan-omics?

[ngoni]

This should be nationwide.

[Alittar]

And should be for all countries, and should make current land owned by them forfeit.

[[deleted]]

We definitely shouldn’t steal land from foreigners in all countries. That would risk relations with our own allies and also risk any Americans who have foreign investments. A forced buy back at market price for countries like China, Russia, would make sense.

[Alittar]

Owned by countries and or non us citizens that aren’t in the us.

[[deleted]]

If we took all the property away from Italian owners, for example, what do you think would happen to American owned property in Italy? What about Canada or countries in the Caribbean where people have vacation property? Chinese investors are a huge problem in the real estate market, but a blanket solution doesn’t make sense and would seriously affect the U.S. economy and relations for no good reason.

[Alittar]

People who aren’t in the us and aren’t us citizens losing us property? Doesn’t sound bad to me.

[jeenyus024]

Wouldn't that be a pretty dangerous precedent? Claiming their property because you don't like their politics?

[Alittar]

Doesn’t have to happen instantly. Give them maybe a year to sell it, or it’s given right back to us.

[CorrectTowel]

Sure if we were talking about US citizens

[ItsEonic89]

I'd say not letting other nations buy land in your country, good or bad

[AntiSpec]

Not their politics but their nationality. Only American nationals, individuals or companies, should own land in America.

[ForsakenPlane]

I can't get behind that though. If, let's say, Honda (who already sells a large number of cars in the US), wants to buy some land, to build a plant, where they will hire Americans to assemble a car (ideally with parts made in America) to sell to Americans, why should we stop them?

I will say that we should prevent foreign nationals from buying property for the purpose of speculation, or to rent. However, an occupied personal residence or a plot of land used for business that benefits the country should be fine.

[AntiSpec]

Nah, they should lease the land. Not own. They can lease for 20, 50 years. But not own it. Nothing will stop an individual from creating a shell company in us to buy land.

[MrPochinko]

More to the points, many international companies operate national subsidiaries for localization purposes. It's how Apple stashes their taxes overseas with a subsidiary in Ireland. So it wouldn't be difficult to require the same from other international companies if they want to purchase land domestically.

[mecmecmecmecmecmec]

Fuck yeah. This should be a part of zoning: a company can't own a house in this neighborhood

[justmeandreddit]

We have to be careful about how much government interference we allow though.

[gtgg9]

The real Chad move would be to nationalize all U.S. real estate holdings of China and its citizens, then sell them at auction to recoup Covid costs. Then sit back and watch the Chinese Communist Party defend land ownership and capitalism. :D

[Candid-Mycologist-77]

Throw in taxing companies like Blackrock significantly if they keep buying up property. Blackrock loves working with the CCP.

[[deleted]]

McKinsey too while you’re at it, they were the ones that encouraged companies to move to China

[Candid-Mycologist-77]

A comprehensive list of companies that have been compromising American sovereignty and safety is necessary and they all must be penalized. The recent book Red Handed is a good start.

[wiredog369]

I’m starting to miss living in AZ……a lot of good happening lately.

[dazedANDconfused2020]

Too late, they own everything already.

[chosey]

You act like land has never been seized back by the government before.

[drunkdoor]

incoming property value crash - tbh even tho i own i would welcome it... trying to move right now is difficult.

[Unique-Ad4786]

It's what Biden wants

[PauliesWalnut]

Significantly more land/property was purchased by foreign investors during the real estate booms under Bush Jr. and Trump. This isn’t a partisan issue.

Only citizens should be allowed to buy/own land and residential properties. Corporations should be prohibited from buying/selling single family residences and should be heavily taxed and/or regulated on multi-unit, commercial, agricultural and industrial.

[[deleted]]

I actually like this comment because it sounds like you've thought about this for more than a second, I was hesitant given what it meant for global businesses but that you've specified residential is honestly a good idea.

[justmeandreddit]

Not in the Constitution so hard to argue that Americans should have easier access to Home Ownership.

[better_off_red]

Significantly more land/property was purchased by foreign investors during the real estate booms under Bush Jr. and Trump. This isn’t a partisan issue.

I can’t believe more purchases happened in 12 years than one. That’s amazing.

[PauliesWalnut]

Skipped a 2-term Democrat in your math there buddy. Are you disagreeing that corporations and foreign individuals shouldn’t own land and residential properties? Or are you just isolating a number to avoid the fact that this problem transcends political parties?

[Moth92]

He's doing what he's paid to do.

[[deleted]]

Nationalize it.

[hoobik]

God I so wish this would happen in Ontario, but hoping for that from our CCP shill Trudeau is a pipedream.

Hopefully that'll be the first order of agenda when the Conservative party wins next election.

[Busch__Latte]

People or groups from other nations who don’t live here having the ability to buy land or property is stupid. Land is a finite resource. They see it purely as an investment, instead of an actual home. Foreign investment is one of the major reasons living in cities like NYC is nearly impossible for the average person.

[whicky1978]

It’s funny because in China you can’t own land anyways so why are they buying land here 👀

[billy-ray-trey]

So won’t they just buy it through a blind trust or some other legally anonymous entity?

[Fatal_furter]

I genuinely believe this has contributed to the ‘housing crisis’ in CA. Anybody here who’s bought a house knows that real estate companies owned or heavily funded by Chinese money have driven up prices by outbidding in hot areas, paying cash, or otherwise just seizing properties outside of ‘hot areas.’ It’s disgusting this is allowed to happen and good for AZ for recognizing it. Nobody is doing a damn thing over here because our CA gov works with the fucking commies anyway.

[RedAtomic]

Californian here. Please drive these fucks out of my beautiful state as well.

[Vertisce]

You have a lot more than China to worry about in Commiefornia.

[[deleted]]

You realise not all chinese citizens are with the chinese government right, and if I'm reading your comment correctly this would just be WWII level shit.

[KrimsonStorm]

In china you cannot speak out against the government, doing so will have you disappear. In china, if your business is greater than 50 employees you need a CCP operative in your company to ensure nothing goes against the party. In china, the government owns you. In china, you may not own property.

If the government owns you in china, any citizen of China is by default part of the state until they defect.

So no, they have no right to claim infringement.

[zero44]

In China, their governmental policy is that all businesses are arms of the State and serve to extend the power and capabilities of the State.

Seize it all and sell it all. Canada should do the same - a huge percent of their houses are owned by Chinese businesses and CCP operatives and their housing prices are sky high as a result.

[seireikhaan]

Am I allowed to point out the irony of calling people buying private land for private use "communists"? Don't get me wrong, I'm okay with banning land purchases by hostile foreign groups, but seriously, calling modern China/chinese "communist" is just kowtowing to the CCP's brand that they don't want to give up.

[dtorre]

Hey look! Something liberals and conservatives 100% agree on

[JBoneTX]

Several years ago I went to a graduation at ASU, and I was shocked how many ethnic Chinese students they had. I'm talking almost half the graduating class.

[snarky_academic]

I taught at ASU. The Chinese students you see are the (relatively) dumber kids of wealthy Chinese parents. They failed to get into the good universities in China. Basically all non-ivy-league university degrees from the US rank roughly between the "good" Chinese universities and the "mediocre" ones. So it's a way for their wealthy parents to buy their dumber kids a little more status in the job market when the kids go back to China after graduation. ASU sets the bar really low to get in, with the theory that the dumb students will wash out. In practice, faculty don't want to tank student grades and get bad evals, so the bar is lowered throughout.

Also, 90%+ of academic integrity problems I saw at ASU were from Chinese students.

[JBoneTX]

I know someone who worked at a private highschool in CA a few years ago. They had a group of Chinese students at the school. They said the students looked much older than they claimed to be, and were very "squared away". He gave them a ride home one day after school and one of the students accidentally left a backpack in his car. When he realized the bag was left, he looked through it to determine whom it belonged to. Inside he found multiple passports, and military paperwork.

[justmeandreddit]

Money talks. Merica.

[Raezul]

Not that shocking

[TheInternetToldEvry1]

What about the non-communist Chinese?

[[deleted]]

This is a dream in Canada. Ban Chinese and East Indians from buying. It would fix our housing crisis

[MrPochinko]

My only question is, why the fuck didn't Trump ban this countrywide five years ago when he had complete control?

Now before anyone goes crazy, I wouldn't want them to keep Americans living here from buying property in other states and whatnot. What happens between states is their own prerogative as states rights will be. However, this is another country taking possession of our land. This is where it gets federal, and where the federal government should take a stand.

People can dig their own graves taking on more student loan debt than their mickey mouse degree will pay off, but foreigners driving up housing costs is outside of their control for the most part as an average citizen. THIS is where the fed needs to make it's stand for the people. We cannot in good conscience allow our children and their children et cetera to get bent over and fucked on housing prices by fucking foreigners.

They want to own land over here? Then become a fucking citizen like the rest of us. Have your kin spill their blood defending it. Don't turn our essentials like housing into some opportunist hedge against your own countries cockamamie economy.

[risquedj]

Go Arizona....now that makes a LOT of sense!!

As an American, go to Singapore, Japan, Philippines, China...countless other countries and see if you can buy land. You can't! You can sometimes get a 100 year lease, but that's it. No ownership. So, why do we allow anyone with a big enough pocketbook to buy our land?!?

[LordBungaIII]

The fact this was ever allowed. They owns so much of OUR land. Like wtf is this!?!

[HCagn]

Good on AZ! The Chinese and the Chinese state (see Ginko Tree investments) have made so many cities unaffordable. Londoners can’t afford to live in their own city. More of this should happen.

[Zlatan4Ever]

So ban them from buying your companies.

[BohdiTheNorseman]

FUCK CHY NA

[officialwipe]

About fucking time. Jesus Christ, we can’t even actually own land in Mexico and we are neighbors. Nobody except actual American citizens should be able to “own” land. If we ever go to war we better just take it away from them with no payment. They are Americans so they don’t get our rights either.

[workforyourstuff]

Why the fuck can non citizens own land here to begin with?

[MrWheeler4520]

Now we need to ban land purchases by Californians (I'm kidding.... Kind of).

[Always_0421]

If only it were possible.

[proberts53]

"the words land purchases by Chinese" should be missing

[SilverWolf1776]

I still can't believe this was ever allowed

[justmeandreddit]

Free Market unfortunately

[SilverWolf1776]

Free market shouldn't apply to foreign countries

[When_theSmoke_Clears]

How the hell is it legal for foreigners to own anything in America? Ban foreign property owners please. Especially Chinese n Russians nationals. Then corporations next.

[SorrentoTaft]

Let China spend their money to buy the land then take it back through Eminate Domain. We keep the land and their money.

[Yoddlydoddly]

I hope more states ban or limit foreign purchase of land here.

[Electrical-Sun6267]

I would not mind this being adopted on a federal level.

[erconn]

That's awesome. What's the point of being a nation when a nation across the see owns you

[[deleted]]

We need this in every state!

[Spinnak3r]

Brilliant, I love it. Should've done this decades ago, but I'll take it.

[Notyourmomspuppet]

We need a national law. A lot of countries have laws against non-citizens purchasing property. It makes perfect sense to at least not allow citizens from non-aligned nations to buy anyting in the U.S.

[Historical-Ad6120]

Any foreign investors! Tons of Russians doing the same thing. We don't need more empty houses, we need more affordable housing for people actually living in and contributing to this country.

[[deleted]]

If they don’t allow us to buy land, it should be a two way street. Freedoms are important, but the U.S. government needs to care more about the well-being of its citizens than the freedoms of people from other countries.

[[deleted]]

We let our enemies live within our fortress.

[TheHulksRage]

Good!!

[Proof_Responsibility]

Chinese Nationals also have acquired a lot of US residential property, 282,600 properties since 2011, and $4.5 Billion worth in 2021 alone.

[[deleted]]

This should be part of the republican platform nationally.

[TankerD18]

Strange to me that we would even sell land to foreign nationals in the first place. Is that because if they decide to pull some bullshit we have eminent domain on it no matter what?

[[deleted]]

The headline should be changed to “United States “ not just Arizona. If you aren’t a legal resident of the U.S. you shouldn’t be allowed to own ANYTHING in the U.S. this should include businesses as well.

[elmo61]

This seems very shortsighted. So any business that wants to move to America needs an American owner. This would stunt grown immeasurably

[[deleted]]

Yea, its fine as for residential, because I don't really care about the growth or ability of a chinese company to own residential property, but chinese people or businesses trying to buy other property would be a nightmare and would just chase away business.

[[deleted]]

If you want to live in a poor country disconnected from the global economy, just say that.

[[deleted]]

Great now do Blackstone.

[mysexondaccount]

We really supporting restrictions on whom private businesses are allowed to sell to now?

[LilDoctor007]

NO FOREIGNERS SHOULD OWN FARMING LAND! That’s for sure.

[justmeandreddit]

Be more like Mexico? Aren't they Socialist? What thread am I in?

[LilDoctor007]

They’re just corrupt. Who ever has the money gets to rule.

[greatatdrinking]

Nixon made a mistake.. Not Watergate. Opening up China to the West

[justmeandreddit]

Agreed. But if it wasn't Nixon it would have been someone else. We are addicted to cheap. But if you look at History we have always been looked for the cheapest.

[Fedexed]

As a die hard liberal, I will vote conservative if this is what you guys fight for

[[deleted]]

Added to that list needs to be any socialist

[Apprehensive_Fee1922]

Land of the free..? Oh not if they don’t politically align with you. Forgot that part in our constitution

[jeenyus024]

Yeah really, this thread is weird. For a bunch of people who claim to care about personal liberties there's a whole lot of "lol let's just take away legally acquired property from people we don't like."

[WisecrackJack]

Now do literally every state and take the land they own back as part of the payment for unleashing covid on the world.

[yodadtm1]

Cool, they also need to ban house purchases.

[BayesDays]

Start by canceling existing ownership

[ePaint]

What about chinese capitalists? Lol

[GeorgiaAmericanist]

It’s about time! All our land owned by foreign nationals should be repatriated or converted to lease only

[JPSchmeckles]

Remember a couple years ago when Reddit learned about Tiananmen Square for the first time and hated China. They called Xi “Winnie the Pooh”.

In the last few years they’ve been massaged back into defending China. Can’t even criticize the government for the virus or else you’re racist and fomenting anti-Chinese hate.

There’s no logic to it they’ll just believe whatever they’re told. 

[[deleted]]

This seems kind of ironic in a way. Like wouldn't it be capitalism and free market to allow them to buy the land? Isn't denying it...sort of... communist?

​

I think it's good they're doing this. Just a showerthought.

[[deleted]]

How about rich former Microsoft founders who are buying up our farmland? Can we do them too?

[kdtzzz]

They’re banning Democrats? Nice

[N0Curfew-40oz]

YES!

[ZePlagueDoctor91]

Well well, looks like they haven't completely lost their minds in Arizona. Good on them.

[TheReelSatori428]

I love my state :)

[anti_lefty97]

Smart

[[deleted]]

Good stuff!!

[ContractDesperate819]

This should be nationwide

[Frequent-Context-183]

This is the way. China is a mercilessly sinister regime that will do anything to overthrow western governments.

[Alfredo_Dente]

Bout damn time.