China RECORD Buying Spree of Land and Infrastructure Using State Owned Companies! (Video)
China RECORD Buying Spree of Land and Infrastructure Using State Owned Companies! Video
Is a foreign country purchasing large amounts of land and assets a concern?
Is it an issue? YES. I would never allow anyone (individual or business) to buy or rent property or land of your nation if they are not citizen of your nation. Don’t know why you don’t see an issue when individual buy houses because them doing so just inflates the prices of homes and if they do it in masses it makes prices start to become unaffordable for your own population. If they come and stay and live there after getting their visas etc that is fine, but if they are not allowed to live there, they should not be allowed to buy any property. In former Yugoslavia where I come from, this was the case, no one that isn’t citizen of Yugoslavia could buy any property.