LogFAQs > #913026317

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Topic	Should Chinese citizens be allowed to buy American real estate?
Darmik 11/25/18 6:08:55 PM #26:	KamenRiderBlade posted... You can still rent, a married couple can have 1 house to live in while all their other properties including properties owned by their adult children can be rented out. I'm talking about people to rent from. You've limited that pool. KamenRiderBlade posted... No, but the 1% own a absurd portion of the Real Estate pie relative to the number of people within their Financial Status. This is to level the playing field and help even out who owns what. Unless you are somehow stripping away properties and creating a financial crises all you're doing is limiting investment options for everyone. KamenRiderBlade posted... Darmik posted... What about businesses who rely on flip houses? How are people supposed to live off only having one house to sell at one time? Get married, have adult children or family members help out. Use their names to buy / sell property. That's a ridiculous concept. If you can't sell a property they're stuck with it forever. You're limiting people's freedoms. What about buying land and subdividing it? How would that work? You're going by kid logic here. Printing out more money so no one is poor makes the same amount of sense. --- Kind Regards, Darmik <cite>Darmik posted [p:913026317] in Should Chi... [t:77238846]...</cite> <quote><cite>KamenRiderBlade posted...</cite> <quote>You can still rent, a married couple can have 1 house to live in while all their other properties including properties owned by their adult children can be rented out.</quote> I'm talking about people to rent from. You've limited that pool. <cite>KamenRiderBlade posted...</cite> <quote>No, but the 1% own a absurd portion of the Real Estate pie relative to the number of people within their Financial Status. This is to level the playing field and help even out who owns what.</quote> Unless you are somehow stripping away properties and creating a financial crises all you're doing is limiting investment options for everyone. <cite>KamenRiderBlade posted...</cite> <quote><cite>Darmik posted...</cite> <quote>What about businesses who rely on flip houses? How are people supposed to live off only having one house to sell at one time?</quote>Get married, have adult children or family members help out. Use their names to buy / sell property.</quote> That's a ridiculous concept. If you can't sell a property they're stuck with it forever. You're limiting people's freedoms. What about buying land and subdividing it? How would that work? You're going by kid logic here. Printing out more money so no one is poor makes the same amount of sense. --- Kind Regards, Darmik</quote> ... Copied to Clipboard!
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