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General Discussion

Sophia4

(3,515 posts) Wed Jun 27, 2018, 01:04 AM Jun 2018

Many countries prohibit or limit the sale of real property, that is land and housing, [View all]

to non-citizens.

Do you think we should do that in the US?

I'm torn on this. Seems to me a person should live in the US and become a citizen before being able to buy a house or a building or land, especially since people from overseas come here and push the prices up so that Americans who need to live and work here cannot buy homes or condos (I'm in California), but then restricting the purchase of land is not the American tradition.

What do you think?

What are the arguments pro and con?

27 replies

= new reply since forum marked as read

Highlight:

Many countries prohibit or limit the sale of real property, that is land and housing, [View all] Sophia4 Jun 2018 OP

This is called "nativism". marybourg Jun 2018 #1

The issue isn't with immigrants. It's with absentee landlords in China, Russia, and other places pnwmom Jun 2018 #3

Are they "landlords"? marybourg Jun 2018 #9

Could be both -- some houses being one, some another. And Seattle doesn't have pnwmom Jun 2018 #10

In BC it's mostly homes sitting empty. EllieBC Jun 2018 #21

You are assuming that those buying are "immigrants." Sophia4 Jun 2018 #11

So? marybourg Jun 2018 #22

Homes are places where people live. Sophia4 Jun 2018 #24

If it's an investment, the investor will at some point marybourg Jun 2018 #26

That is why I am asking the question. Sophia4 Jun 2018 #27

fuck no, it would be targeted towards minorities . already black people and other long time JI7 Jun 2018 #2

It would be targeted at wealthy non-residents who are investing in property, pnwmom Jun 2018 #5

that's canada. the US has a history of discrimination when it comes to buying property and it will JI7 Jun 2018 #6

I haven't looked at it carefully, but if they have a good model, that is targeted at non-residents pnwmom Jun 2018 #7

i'm sure there are ways to deal with it but not by things like country JI7 Jun 2018 #8

Using the revenue to help the homeless sounds like a good idea. Sophia4 Jun 2018 #14

But if they are American citizens, they would be allowed to buy land. Sophia4 Jun 2018 #12

Black people are discriminated against. Those who can afford it still have harder JI7 Jun 2018 #13

In California? Sophia4 Jun 2018 #17

Here's an article about what's happened in British Columbia. Now that they have the tax, pnwmom Jun 2018 #4

I would be willing to bet most of these homes are not sitting empty. NCTraveler Jun 2018 #15

It's a thing in London, and elsewhere BannonsLiver Jun 2018 #18

They should regulate accordingly. nt NCTraveler Jun 2018 #19

Agreed. It sounds like Khan is moving in that direction. It's a no brainer, tbh. BannonsLiver Jun 2018 #20

We have this issue in San Diego. Apartments in high rises sit empty. haele Jun 2018 #23

There is a huge difference in "no one is living permanently in them" NCTraveler Jun 2018 #25

Kinda, make it non-residents and residential property only Amishman Jun 2018 #16