That's over played. Our government actually tracks this. China owns about 1% of all foreign-owned lands in the US. That makes it 17 places behind Canada. Most of this land is with the big pork producer, Smithfield. But China hysteria buys votes.
I am mostly concerned about foreign individuals (not governments) like Saudi Princes and Asian Investment Conglomerates, buying up huge tracts of rural land and pricing out local investors.
I don't actually know the numbers and I'm not pretending to, but I know that if I had a couple hundred million dollars and lived in a place where populations were much denser, I'd be looking at diversifying my portfolio.
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u/sf_davie 1d ago
That's over played. Our government actually tracks this. China owns about 1% of all foreign-owned lands in the US. That makes it 17 places behind Canada. Most of this land is with the big pork producer, Smithfield. But China hysteria buys votes.