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Interesting article about Chinese buying Texas land.... #8598803 05/16/22 02:52 PM
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DocHorton Offline OP
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https://www.forbes.com/sites/johnhy...-acres-of-land-in-texas/?sh=5d1a05fc78c3

Seems that Abbott passed a law that prohibits this from happening in the future....


Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8598831 05/16/22 03:41 PM
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Brandon will intervene on their behalf.


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Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8598840 05/16/22 04:07 PM
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I applaud the effort by Texas government and wish the Feds would comb through other foreign investments in land, infrastructure and food production.


Originally Posted by KRoyal
Sounds like a nice stick Fitz.

Originally Posted by Sailor
Fitz............. is right, ya know............
Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8598861 05/16/22 05:22 PM
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Not just Texas. In the US. Actually very smart of them. If they can't compete technologically in the air for war, they can and will control us by food supply if our government allows it to happen.


Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8598865 05/16/22 05:33 PM
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What's me to Disable my Add Blocker rofl


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Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8598868 05/16/22 05:44 PM
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Owning it, ain't the same, as using it !! slinger

Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8598879 05/16/22 06:06 PM
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a thought just popped in my head ... if some foreign person/corporation were to buy land in the US ... and they raised livestock, grain, produce, etc., if they ship products to their home country, would there is export fees?


"everyone that lives dies but not everyone who dies lived..."

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Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8598884 05/16/22 06:09 PM
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The Chinese are part of the foreign nationals buying property. Russian oligarchs have bought millions of property.
https://www.nbcnews.com/business/real-estate/russian-money-flows-us-real-estate-rcna17723

Then there are the Mexican drug cartels, buying legitimate busines property in the southwest.


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Re: Interesting article about Chinese buying Texas land.... [Re: PMK] #8598927 05/16/22 07:10 PM
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Originally Posted by PMK
a thought just popped in my head ... if some foreign person/corporation were to buy land in the US ... and they raised livestock, grain, produce, etc., if they ship products to their home country, would there is export fees?


There's no export fees other than normal shipping, packaging and insurance. Yes there would be import fees when it arrived in whatever country it was shipped, UNLESS they had some sort of special arrangement.


Aio, quantitas magna frumentorum est
Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8598947 05/16/22 07:26 PM
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I was approached by a Chinese investment firm. So far I've managed to keep their realtor at more than arms' length. I wondered if I had a price. What if they offered 10x value?


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Re: Interesting article about Chinese buying Texas land.... [Re: QuitShootinYoungBucks] #8599031 05/16/22 09:31 PM
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Originally Posted by QuitShootinYoungBucks
I was approached by a Chinese investment firm. So far I've managed to keep their realtor at more than arms' length. I wondered if I had a price. What if they offered 10x value?



I’d do a 1031 trade really quick @10x . I got an offer on some land for a grow yard, from them though


Donate to TX Youth hunting program.... better to donate then to waste it in taxes

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Re: Interesting article about Chinese buying Texas land.... [Re: QuitShootinYoungBucks] #8599062 05/16/22 10:17 PM
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Originally Posted by QuitShootinYoungBucks
I was approached by a Chinese investment firm. So far I've managed to keep their realtor at more than arms' length. I wondered if I had a price. What if they offered 10x value?


Who’s value?

Mine or theirs?

10x’s mine, sold

Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8599099 05/16/22 11:40 PM
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Money talks, but China is gonna get into a war with us, sooner or later. From an old school vet's perspective that sort of thing verges on trading with the enemy, but what do I know? If it's okay for the prez's family and the Senate minority leader then it must be okay for you.

Re: Interesting article about Chinese buying Texas land.... [Re: procraft05] #8599330 05/17/22 12:35 PM
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Originally Posted by procraft05
Originally Posted by QuitShootinYoungBucks
I was approached by a Chinese investment firm. So far I've managed to keep their realtor at more than arms' length. I wondered if I had a price. What if they offered 10x value?


Who’s value?

Mine or theirs?

10x’s mine, sold


Say it's normally $5000 an acre. @$50,000 an acre, would I be stupid to turn it down?


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Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8599463 05/17/22 04:06 PM
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Communist party in our country (democrat) will put a stop to Abbots plans.

Re: Interesting article about Chinese buying Texas land.... [Re: QuitShootinYoungBucks] #8599487 05/17/22 04:33 PM
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Originally Posted by QuitShootinYoungBucks
Originally Posted by procraft05
Originally Posted by QuitShootinYoungBucks
I was approached by a Chinese investment firm. So far I've managed to keep their realtor at more than arms' length. I wondered if I had a price. What if they offered 10x value?


Who’s value?

Mine or theirs?

10x’s mine, sold


Say it's normally $5000 an acre. @$50,000 an acre, would I be stupid to turn it down?


Yes, Lol.

I'd sell mine in a cocaine heartbeat for 10x...hell even 5x.

Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8599490 05/17/22 04:41 PM
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Locals in East Texas claim Chinese are looking to buy land to build chicken farms.


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Re: Interesting article about Chinese buying Texas land.... [Re: Texas Dan] #8599491 05/17/22 04:43 PM
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Originally Posted by Texas Dan
Locals in East Texas claim Chinese are looking to buy land to build chicken farms.


I don't doubt it, Asians have been doing that in Arkansas for years.

Re: Interesting article about Chinese buying Texas land.... [Re: QuitShootinYoungBucks] #8599500 05/17/22 05:06 PM
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Originally Posted by QuitShootinYoungBucks
Originally Posted by procraft05
Originally Posted by QuitShootinYoungBucks
I was approached by a Chinese investment firm. So far I've managed to keep their realtor at more than arms' length. I wondered if I had a price. What if they offered 10x value?


Who’s value?

Mine or theirs?

10x’s mine, sold


Say it's normally $5000 an acre. @$50,000 an acre, would I be stupid to turn it down?


She gone!

Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8599572 05/17/22 07:46 PM
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Go to your county tax appraisal office ask how many of the tax notices go out of state and out of country. You might be surprised. The sale of land, buildings, etc to foreigners has been happening for decades. I hunted a place in the 80s that was owned by some Germans and Austrians. They hired out the local farmers to plant and harvest for them. The ranch part was overseen by a neighboring rancher. The overall manager was a local and paid very well.

They also use it as a stepping stone to get green cards. Then bring family over. The independent hotel and motel Iindusty is a green card industry.


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Re: Interesting article about Chinese buying Texas land.... [Re: DocHorton] #8599574 05/17/22 07:51 PM
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They are buying our property and slowly killing us. Why else would they make such good food with an all you can eat buffet?

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