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Quick Navigation Bottom Misc
Forum » Why do we let foreigners buy houses?
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Thread: Why do we let foreigners buy houses?

post 1632666723 03-01-2021, 01:56 PM
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#1
  1. lockdev
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Why do we let foreigners buy houses?

Srs question.

We are in the middle of an extreme housing shortage. Why the fook are we letting Xing Ming Quang buy 49 properties with manipulated currency?

Just LUL@us. We're the true cucks of the world.
Misc Entrepreneur Crew
post 1632666893 03-01-2021, 02:00 PM
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  1. PassiveLearner
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Money cucks us all in the US of S
BORN: 6/15/2006 DIED: 5/31/2021

I'll misc you, brahs!
post 1632666923 03-01-2021, 02:00 PM
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  1. GooBaaa
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Because they pay cash no questions asked
post 1632667073 03-01-2021, 02:02 PM
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Because politicians and their pals in business own all the real estate and benefit greatly

Average house price in australia has gone from 150k to 750k in less than 20 years
Plant the trees in whose shade your grandchildren will play
post 1632667173 03-01-2021, 02:04 PM
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Dat dere Capitalism. A business's goal is to make profit, so why deny money to a foreigner who's gonna pay 50% more?
post 1632667293 03-01-2021, 02:05 PM
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  1. Lefticle
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It’s a great economic injection of cash. But the US does not need it at this point.
Always Neg Back Crew.
post 1632667343 03-01-2021, 02:06 PM
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cool it with the anti semietism buddy!
post 1632667443 03-01-2021, 02:07 PM
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Greed.

the owners of the house would rather sell it to a forgein child rapist murderer for 501k than american citizen mother theresa raising 3 blind children for 500k.
post 1632667553 03-01-2021, 02:09 PM
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More importantly, why did we sell them our national debt? smfh communists are better capitalists than we are.
For every man, there is a sentence, a string of words, that has the power to destroy him
"The strong do what they can, and the weak suffer what they must" -Thucydides
Shall not be Infringed. FUK CHINA.
post 1632667743 03-01-2021, 02:11 PM
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  1. Serenadium
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It's a pure injection of cash.

700k from another country is new money that enters your economy that your government eventually absorb through tax.

700k from someone in your country is zero sum because your government would still get their tax on it if he spent that money elsewhere in the local economy.
post 1632668373 03-01-2021, 02:21 PM
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why not ?
~~Cardio Bunny ~~ Eastern European ~~
post 1632668893 03-01-2021, 02:28 PM
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#12
  1. tnel00
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Originally Posted By Serenadium⏩
It's a pure injection of cash.

700k from another country is new money that enters your economy that your government eventually absorb through tax.

700k from someone in your country is zero sum because your government would still get their tax on it if he spent that money elsewhere in the local economy.
Thats great until all your citizens are paying rent to foreigners
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post 1632669893 03-01-2021, 02:42 PM
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#13
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Because landchads have political influence and rentoids don’t
Originally Posted By moosik85⏩
Because
politicians and their pals in business own all the real estate and benefit greatly

Average house price in australia has gone from 150k to 750k in less than 20 years
Yes but that’s nothing to do with foreigners because they foreign investment review legislation and policy prohibits foreigners from buying existing residential land

Foreigners do help bankroll new developments but that’s increasing supply
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