The following is a 3 message exchange between 2 users
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@Brandonnoe84Libertarian 4mos4MO
Foreign investors own an estimated amount of nearly $1 trillion worth of residential and commercial property. Corporate America owns nearly 9% of all residential land in America. If we banned foreign investors from buying up this property and capped corporate America we could be helping more U.S. citizens to help restore the middle and upper middle classes.
@B93NMKN4mos4MO
I don't think we should ban it, I think we should allow it, but with strict guidelines surrounding what they can change that affects everyday Americans.
@Brandonnoe84Libertarian 4mos4MO
That would be less extreme than mine of an outright ban. I can see just setting up strict guidelines as being a viable long term option, it probably would even work better if no other legislation was passed effecting residential property during a long period of time, however I believe drastic action needs to take place to try and quickly restore the middle class. With my idea of a ban on foreign investors and a cap on corporate investors we could have it expire after 2-4 years for just the short time of trying for an immediate fix, and then instead of renewing it, we would set up those strict guidelines but allowing foreign investors back into the residential market as the long term plan.
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