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[–] Gowdy 3 points 50 points (+53|-3) ago  (edited ago)

Because your representatives don't give a shit about you and have been selling this country off piece-meal for decades whether it's land, manufacturing, infrastructure, jobs, etc... the list is endless really. During that massive drought in California and rationing was implemented Saudi Arabia had no problem getting all the water they needed to grow animal feed.

https://www.theguardian.com/sustainable-business/2016/mar/08/saudi-arabia-alfalfa-california-drought-almarai

None of that feed will even be sold in the US or contribute to the local communities in the area.

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[–] Deplorablepoetry 0 points 2 points (+2|-0) ago 

There’s Saudi Arabia

There’s Saudi Britannia

How long do you figure before Saudi America?

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[–] CrustyBeaver52 0 points 24 points (+24|-0) ago 

In Florida, which has substantial ownership by non citizens, non citizens pay double the local property tax.

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[–] Deplorablepoetry 0 points 5 points (+5|-0) ago 

In BC there is a 25% sales tax on foreigners purchasing property.

Chinese still buy it up like crazy and never even live there, they just want to secure their wealth someplace other than China.

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[–] barraccuda 0 points 3 points (+3|-0) ago 

So we should double property tax?

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[–] CrustyBeaver52 0 points 0 points (+0|-0) ago 

I don't know - it seems to work for Florida, I guess...

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[–] meowmix56 0 points 15 points (+15|-0) ago 

It brings investment into the country. It is also very difficult to ban effectively. Yes at certain scales it can create huge problems, just look at puerto rico or canada. I don't really know any solutions that wouldn't make matters worse.

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[–] Dortex 0 points 4 points (+4|-0) ago  (edited ago)

What problems has non-citizens owning property caused Puerto Rico?

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[–] YugeDick 0 points 4 points (+4|-0) ago 

In Puerto Rico wealthy foreigners invested in the devastated land after various hurricanes when the locals couldn't afford to rebuild. This drove up land values to the point that locals can't afford to own property or pay the property taxes on what land they already owned, forcing them to sell and be displaced. Basically outside money gentrified parts of Puerto Rico. Bad for poor locals, good for the land and good for the future populace.

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[–] ComedicGoat 1 points 3 points (+4|-1) ago 

Never lived in Puerto Rico, but in other countries foreigners who own property tend to group together and create ghettos and slums. They don’t integrate and if they’re of the darker persuasion then they cause problems.

Just one off the top of my head.

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[–] GOMAD_OR_GFYAD 0 points 0 points (+0|-0) ago 

I agree with this post, though I will say that at some point it would become reasonable to say "we have enough investment".

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[–] bagano1 0 points 10 points (+10|-0) ago 

This is along the same lines as loans, which I was thinking about today. They keep shooting the price of phones up now. Who the fuck is going to spend $1,100 for a fucking phone? There's just no way that's a fair price. Problem is, you have dummy teenagers trying to impress their friends buying the phone with daddy's money or going on prohibitively expensive plans for a phone they will probably own a year. What a joke.

Same thing with cars, the loans are making them way too expensive. You can get a 55 inch TV, trash it three months later and buy a new one for nothing. Cars, you take out huge loans for them and pray they don't bite it before you can afford a new one. That's just fucked up. I think if I could get rid of my car to ride mass transit, I'd do it in a heartbeat. They're just not worth it.

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[–] 12179860? 3 points 10 points (+13|-3) ago 

Jew bankers want the market artificially inflated. They don't like the idea of going back to the era of people saving for a couple years to outright buy a house one bit.

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[–] RiverWind 0 points 9 points (+9|-0) ago 

It is good that you are concerned with the economy and trying to find solutions.

Look here: "Jekyll Island: the truth behind the Federal Reserve" There is a documentary.

In brief, the power to create money as debt should be taken back from the Central Banking cartel (the Fed, European Bank, Bank of England, Bank of Settlements, etc) and the government should create money as needed debt free and spend it into the economy.

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[–] 12181280? 0 points 2 points (+2|-0) ago 

Ding ding. We have a winner!

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[–] daskapitalist 1 points 7 points (+8|-1) ago 

Because the US actually gives a shit about private property you thieving statist thug. It's each citizen's private property, and they can sell it to whomever they darn well please.

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[–] Artofchoke 0 points 4 points (+4|-0) ago 

Don't seem right to me, Sir. It's American soil, it should be in American hands, yeah?

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[–] daskapitalist 0 points 0 points (+0|-0) ago 

Only if you oppose private property. It's not "America's" property, it's the property of whomever owns it. Which, incidentally, isnt some jackbooted state.

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[–] P8rtsUnkn0wn 0 points 1 points (+1|-0) ago 

What of it's not a citizen? Should the state protect a foreigner's right to American real estate if doing so harms actual citizens?

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[–] daskapitalist 0 points 0 points (+0|-0) ago 

How is someone else's private property harming you?

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[–] B3bomber 0 points 0 points (+0|-0) ago 

Did you miss the part where it says non-citizens?

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[–] Sigurdtheold 0 points 7 points (+7|-0) ago 

I take a larger issue with non-citizens buying up US industries.

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