Posted on Jul 29, 2022
Ron DeSantis blasts China for buying up US farmland: ‘It’s a huge problem’
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Florida Gov. Ron DeSantis has vowed to crack down on “undue influence from rogue states” in response to Chinese businesses reportedly buying up large tracts of farmland.
A recent report by the National Association of Realtors found that Chinese real estate investors (reportedly associated with the Chinese Communist Party) have (so far) spent $6.1 billion on American real estate over a 12-month period that ended in March/2022 — more than any other group of foreigners. There is a great concern that some of these parcels are near sensitive military bases. GOP senators Marco Rubio (Florida) and Kevin Kramer (North Dakota) wrote a letter to the Biden administration earlier this month demanding that officials review a Chinese company’s purchase of North Dakota farmland just several miles from a military base involving drone technology.
A recent report by the National Association of Realtors found that Chinese real estate investors (reportedly associated with the Chinese Communist Party) have (so far) spent $6.1 billion on American real estate over a 12-month period that ended in March/2022 — more than any other group of foreigners. There is a great concern that some of these parcels are near sensitive military bases. GOP senators Marco Rubio (Florida) and Kevin Kramer (North Dakota) wrote a letter to the Biden administration earlier this month demanding that officials review a Chinese company’s purchase of North Dakota farmland just several miles from a military base involving drone technology.
Ron DeSantis blasts China for buying up US farmland: ‘It’s a huge problem’
Posted from nypost.comPosted in these groups: Bureau of Land Management
Real estate
State of Florida
China
National Security
Real estate State of Florida China National Security
Edited >1 y ago
Posted >1 y ago
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If there are lists of nations American citizens can not travel to, shouldn't those same nations be on a list of nations whose citizens can not purchase Real Estate in U.S.A. nor use the homestead act to acquire land? I don't suppose China is on that do-not-travel-to list though.
"Florida accounted for 24% of all international real estate purchases in the US while California ranked second (11%)."
Wondering if any one nation stands out for having purchased that Real Estate in FL.
"Florida accounted for 24% of all international real estate purchases in the US while California ranked second (11%)."
Wondering if any one nation stands out for having purchased that Real Estate in FL.
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If there are lists of nations American citizens can not travel to, shouldn't those same nations be on a list of nations whose citizens can not purchase Real Estate in U.S.A. nor use the homestead act to acquire land? I don't suppose China is on that do-not-travel-to list though.
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We buy tons of land all
Over the world…and if China pisses us off enough we will just sieze it and sell
It off at auction like we did Russia…what’s kinda sad is people act surprised that this happened to begin with..old news way old…
Over the world…and if China pisses us off enough we will just sieze it and sell
It off at auction like we did Russia…what’s kinda sad is people act surprised that this happened to begin with..old news way old…
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