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Reply to "Canada now bans foreigners from buying houses- should we do the same?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]China bans foreigners from owning land (well, even nationals are granted land in a very long term basis, not in perpetuity). [/quote] Rs will no go over it. This would be considered anti-capitalism. [/quote] And they’d be wrong. As usual. [/quote] sure, they are wrong on many things, but that doesn't mean it changes anything. Foreign corporations used to not be able to hold majority stake in broadcasting companies in the US. Then, in 2017 (remember who was POTUS then), the FCC allowed 100% ownership of a US broadcasting company. Prior years, the FCC still banned majority foreign ownership of any company that owned stake in a US broadcasting company. https://www.broadcastlawblog.com/2017/02/articles/fcc-approves-for-the-first-time-100-foreign-ownership-of-us-broadcast-stations/ Rs will never not allow foreign ownership of property in the US. This is how they think they will MAGA. Or, maybe it was because the POTUS in 2017 was beholden to rich foreigners. Who knows.[/quote] Murdoch had to cha he his citizenship status to extend his media empire in the US …[/quote] But now being a US citizen didn't stop him from continuing to expand his Newscorp media empire in Australia, UK, New Zealand etc.[/quote]
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