China is on the way to becoming the dominant landowner in the United States as they are on a huge ‘buying spree’ – purchasing vast tracts of our land.
Sometimes the land is actually given to them by economically depressed areas desperate for the Chinese to come in and build factories.
In other cases, the Chinese are buying up major corporations and then acquire the land as a consequence. For example, upon purchasing Smithfield Foods they suddenly owned 460 large farms – becoming the top employer in dozens of cities and communities all over the United States.
Well, we just happened to have a lot of real estate at rock-bottom prices. How convenient for China. America is being sold out – literally.
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If you want to buy land in other countries they will not allow foreign nationals to own more than 49 percent, or a controlling interest. A citizen must own at least 51 percent. They also don’t give instant citizenship to foreign babies. The wealthy Chinese have been sending their pregnant women here to give birth, and the baby has instant citizenship. We need to stop giving advantage to foreign people at our expense.
Japan has been buying land here for years.
This is news now? What B******t. This has been going on since the recession.
Have been for a long long time
Not like they get to really own it
Why do you think Obama made so many national parks ,it was collateral for our debt .
They wanna get in on excursion I recon. Get their foot hold n wait for th dust ta settle. And we have politicians that will help them secure it
Some time we’ll have a long discussion about the mandarin Chinese family that paid 3.5 million for the building next door (5 townhouses) only to use two for boarding houses for children going to private Christian schools and the other three rentals…..
Specially in Tenn.
They need to put a stop to that !!! Japanese did the same thing decades ago didn’t work out so well for them they lost their shirt which was probably made in Japan !!!