Out-of-state investors

Oh Crap, Sorry. I thought I was posting this to Tractor Tales. MY BAD. I Need more coffee.
 
Here (Texas) also. Diving up the price of land along with taxes. As soon as they land, they want to change everything the same as where they come from. One got on the Commissioner's Court. Wanted to start adding streetlights and a leash law. Our county seat has a population of approx 5000.
 
Wayne We have the same problems here in WNC. They come from NE and Far South after being run outta both. They want it like it was where they came from. If it was that bad there, why are you HERE?
 
Living on the south end, of the Chicago dominated state of Illinois, we get those moving south to get away from the crime, and new ones that are looking for the free handouts. The result is what you see happening in Chicago.
 
Hmmmmm ..... is it not all part of the 'price system' coupled with the 'free market' that is part of our culture? I guess opinions depend on which side of the fence you are on.
 
It's called free enterprise.

Do you believe that there should be an amendment to the US Constitution prohibiting citizens from buying property in states other than their state of residence?

Such amendment would be necessary to prohibit such out-of-state purchases as any statutes or regulations prohibiting such are currently unconstitutional.
 
Here in Tennessee we see it ever commissioners meeting , they move in here from up north and immediately go to hollering we need sidewalks, we need zoning are all kind of changes. If all that was so good why did you move away from it. As for George's problem let the dollar take care of it, sooner or later it will settle down.
 
Sounds like an opportunity for smaller landlords to sell their properties at a nice profit,especially if the market is overheated.

Lack of affordable housing and lack of affordable daycare are the two largest issues holding back the workforce from expanding.

If you think about it, neither large out-of-state investors nor small in-state-investors are doing anything to help make housing more affordable. Some states, including MN, have adapted homestead exemptions to reduce the property taxes on primary residences to one third of the property taxes on rental properties and vacation homes to encourage home ownership.
 
Yep, the Commerce Clause comes to mind.

John T Believer in and supporter of the Country, the Constitution, especially the Bill of Rights
 

Sounds like an opportunity for smaller landlords to sell their properties at a nice profit,especially if the market is overheated.

If you haven't sold a rental property you don't understand the tax mess you created for yourself.

Been there, done that and the rest of my rentals will be sold after I'm dead and gone.
 
jm
Foreign investors have access to USA property via NYSE. Form a shell company. Set up shop in Canada and buy anything you want in the US. No one can stop you because of NAFTA, Fair trade with Canada.
China has controlling stock in over 200 US companies. Someplace near you, China owns a coal mine, so greenies can't stop US coal going to China.

China also has controlling shares of a mining company, RIO Tinto. RIO does a lot of mining worldwide for Chinese shell companies.

Do you know the name of the coal mine?
 
George most of the coal in Tennessee is in East Tennessee and I am right on the west edge of what is called middle Tennessee. But I have heard like you quoted of Chinese interest in mining. As you say man can make all the laws you want and someone will find a way to go around them. I am certain you are right about lots of stuff coming thru Canada to get around import laws .
 

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