They ain't making any more land.

[Jolly]

The one thing that outperforms the stock market...

https://townhall.com/columnists/marthaboneta/2022/01/13/beware-china-is-gobbling-up-american-farmland-n2601760

[Copper]

They are playing right into Mr. Biden's hands.

[Larry]

I didnt sell any to the Chinese, but the... i didnt have any chinese trying to buy any. Good thing, because i wouldnt sell to them.

In the philippines, it is against the law for a foreigner to own land. You can own the building on it, but not the land the building sits on. When i bought a home there we had to put the land in Sara's fathers name, and then lease it from him.... 1,000 pesos (about 20 bucks) for a 99 year lease The house on the other hand, is in our names. The US would be better off if we did the same thing.

[Copper]

USDA reports foreign persons and entities held an interest

in 35.2 million acres of U.S. agricultural land in 2019,

accounting for 2.7% of all privately owned agricultural

land. USDA reports that foreign holdings of U.S.

agricultural land have increased by an average of 2.3

million acres per year since 2015. M

https://crsreports.congress.gov/product/pdf/IF/IF11977#:~:text=USDA reports foreign persons and,acres per year since 2015.

[taiwan_girl]

@larry said in They ain't making any more land.:

In the philippines, it is against the law for a foreigner to own land.

Same in Thailand. But even there, a foreigner cannot even own the building on land or cannot even own a condo. You have to purchase a 99 year lease for a condo, and I do not think this is even possible to do with freestanding houses.

I think we talked about this previously, but I believe that the largest individual owning farmland in the US is Bill Gates.