LogFAQs > #913025393

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Topic	Should Chinese citizens be allowed to buy American real estate?
s0nicfan 11/25/18 5:54:40 PM #16:	CloneTheHero posted... i dont see a problem. sounds like blatant xenophobia. why shouldnt you be able to buy a house in japan? or spain? shouldnt need citizenship for that. how many american yuppies do you think have houses all over the world? I'm sure someone somewhere is against it due to xenophobia, but most people even aware of the issue IMO are more concerned about the impact in terms of the housing market and vacant-but-owned homes that can't support local businesses. See the article below: Miami is quickly getting to a point where they have far too many luxury condos, making it hard to find an affordable apartment, because the builders are prioritizing all these cash offers from foreign investors over people who actually plan to live in the homes they buy. https://www.miaminewtimes.com/news/miami-has-a-four-year-luxury-condo-backlog-amid-an-affordable-housing-crisis-10218908 --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz <cite>s0nicfan posted [p:913025393] in Should Chi... [t:77238846]...</cite> <quote><cite>CloneTheHero posted...</cite> <quote>i dont see a problem. sounds like blatant xenophobia. why shouldnt you be able to buy a house in japan? or spain? shouldnt need citizenship for that. how many american yuppies do you think have houses all over the world?</quote> I'm sure someone somewhere is against it due to xenophobia, but most people even aware of the issue IMO are more concerned about the impact in terms of the housing market and vacant-but-owned homes that can't support local businesses. See the article below: Miami is quickly getting to a point where they have far too many luxury condos, making it hard to find an affordable apartment, because the builders are prioritizing all these cash offers from foreign investors over people who actually plan to live in the homes they buy. https://www.miaminewtimes.com/news/miami-has-a-four-year-luxury-condo-backlog-amid-an-affordable-housing-crisis-10218908 --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz</quote> ... Copied to Clipboard!
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