Jokes aside, I'm always astonished by how happy countries are to sell off their land to overseas investors. Obviously they'll care less about safety than the locals who live there.
And I'm pretty sure most UK citizens, to use a different example, aren't that happy about the London city center being divided between Arabic and Russian oil oligarchs.
> And I'm pretty sure most UK citizens, to use a different example, aren't that happy about the London city center being divided between Arabic and Russian oil oligarchs.
I don’t know how anyone could reasonably see that as a negative, this is foreign investment bringing in vast amounts of wealth to the country.
I think it's the same as the "gentrification" arguement made in the US. The "ultimate" gentrifiers in the US being SF Googelers who move to cheap rural areas. (So to speak, I'm not picking sides here.) What's more gentrifying than literal oil barrens setting up their 8th home in your neighborhood? Don't like it? Just own a hundred billion dollar (or trillion dollar) oil company to compete! Notably, in realtion to the linked article, china does not sell land at all but leases it for 99 years. That is for thier own citizens; I'm not sure if or to what extent foriegners can "buy" land in china at all.
Can you explain your point more? You innitialy said you don’t know how anyone could reasonably see the London city center being divided between Arabic and Russian oil oligarchs as a negative. I reaponded that people do not like that by the fact that the London city center has been split between billionaries it necessarily means that others cannot live there. I compared it to the gentrification argument happening in the US. I'm not clear on which part is not reasonable based on your comment.
More importantly you innitially said what is happening could not be seen as a negative. Now you are saying that it is a negative but the blame rests on policy makers and not oligarchs. When did I say who the blame fell on? And how do you explain the change in your argumet from the London city center being divided between Arabic and Russian oil oligarchs not being a negative to now being a negative?
We could apply the same rules as China and only allow foreigners to rent land from the government for a lifetime (I think it was 80 years) and disallowing foreigners from buying land.
Otherwise, you might end up with a situation like London where the locals become tourists in their old neighborhood. Or do you think any normal person can still afford to live there, after vast amounts of foreign wealth were brought in and prices adjusted accordingly?
private property owners don't really own the land... the government can do whatever it wants if you miss your tax payments or if it decides to change the laws
For example, Texas has the homestead exemption, where one basic homestead is practically untouchable barring a change to the constitution of Texas or the U.S.
" Primates are a diverse order of mammals. They are divided into the strepsirrhines, which include the lemurs, galagos, and lorisids, and the haplorhines, which include the tarsiers and the simians (monkeys, apes, and humans)."
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[ 0.19 ms ] story [ 149 ms ] threadJokes aside, I'm always astonished by how happy countries are to sell off their land to overseas investors. Obviously they'll care less about safety than the locals who live there.
And I'm pretty sure most UK citizens, to use a different example, aren't that happy about the London city center being divided between Arabic and Russian oil oligarchs.
I don’t know how anyone could reasonably see that as a negative, this is foreign investment bringing in vast amounts of wealth to the country.
More importantly you innitially said what is happening could not be seen as a negative. Now you are saying that it is a negative but the blame rests on policy makers and not oligarchs. When did I say who the blame fell on? And how do you explain the change in your argumet from the London city center being divided between Arabic and Russian oil oligarchs not being a negative to now being a negative?
Otherwise, you might end up with a situation like London where the locals become tourists in their old neighborhood. Or do you think any normal person can still afford to live there, after vast amounts of foreign wealth were brought in and prices adjusted accordingly?
The same rules apply to locals, leasehold itself is a very Georgist idea as it is used in modern times.
Leasehold rather than freehold is baked into Georgian ideals of taxing rent-extraction.
For example, Texas has the homestead exemption, where one basic homestead is practically untouchable barring a change to the constitution of Texas or the U.S.
Not convinced by statements made to "Epoch Times", and a mid-article video about podcasters discussing "media attacks against DeSantis".