Reply to Trump does like Some immigrants

Forum Index » Political Discussion

Reply to "Trump does like Some immigrants"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]One last thing about land and maths, there is the exhaustively cited argument that whites “stole our land”. That might be a historical fact, but it’s also an actual fact that around 60% of SA farm land is currently debt financed. What that tells you is that the current generation of SA farmers generally bought their farms; they are not hand-me-downs from three centuries ago. But in some ways, and more importantly, if their land is rendered worthless by the state confiscating land without compensation, then what happens to the debt? Then there is a good chance you have a real financial crisis on your hands.

https://www.dailymaverick.co.za/article/2025-02-10-after-the-bell-the-harsh-mathematics-of-land-reform-in-sa/

[/quote]

Can’t “debt financed” also apply to people who inherited the land —then refinanced to keep their farms? I’ve no idea how this works in SA, but getting mortgages to help with updating, expenses, and taxes would not be unusual, would it? [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics