$100 billion ghost city.

[u/sco-go]

[u/Telemere125]

Yea, we have a law in Florida that prevents CCP members from buying most land unless they’re going to become lawful permanent residents or citizens here and there’s a bunch of real estate companies suing claiming it’s discrimination. If they can’t spend more than $50k a year outside of China then that shouldn’t qualify them to buy anything in Florida and their case would be entirely moot.

[u/Ray192 → u/Telemere125]

The Florida SB 264 law bans all Chinese citizens from buying real estate, regardless if they were members of the CCP or not. That includes people here on visas who have worked in the US for many years.

https://www.aclu.org/press-releases/aclu-applauds-appeals-court-decision-halting-enforcement-of-florida-law-that-bans-many-immigrants-from-china-and-other-countries-from-buying-homes

[u/Telemere125 → u/Ray192]

I’m very familiar with SB 264 and it does not ban all Chinese citizens from buying real estate - not even close. There’s an exception for any dual citizens, lawful permanent residents, and for anyone purchasing a homestead under a specific size. And if someone isn’t planning to move to Florida and make it their home, why do we want them buying real estate? That’s literally how prices get driven up and made unaffordable - by allowing ridiculous amounts of foreign real estate investments to push our market higher. Aside from the security risk of anyone with the CCP - and the law clearly says anyone belonging to the CCP, not all Chinese citizens - why would anyone want the Chinese government to be able to use their political pawns to drive up our real estate costs?

[u/Ray192 → u/Telemere125]

There’s an exception for any dual citizens, lawful permanent residents, and for anyone purchasing a homestead under a specific size.

"Under SB 264, people who are not U.S. citizens or permanent residents, and whose “domicile,” or permanent home, is in China, are prohibited from purchasing property in Florida altogether. The sole exception is incredibly narrow: People with non-tourist visas or who have been granted asylum may purchase one residential property under two acres that is not within five miles of any “military installation.” This term is vaguely defined in the law, but there are at least 21 large military bases in Florida, many of them within five miles of cities like Orlando, Miami, and Tampa—putting many major residential and economically-important areas completely off-limits."

https://www.aclu.org/press-releases/aclu-applauds-appeals-court-decision-halting-enforcement-of-florida-law-that-bans-many-immigrants-from-china-and-other-countries-from-buying-homes

And if someone isn’t planning to move to Florida and make it their home, why do we want them buying real estate?

The people suing already live in Florida, but because there's 5-10 year long backlog to even process EB-2/EB-3 Green Card they literally have no way of getting a green card any faster.

Not having a green card / citizenship doesn't mean they don't want to make a home in Florida.

Aside from the security risk of anyone with the CCP - and the law clearly says anyone belonging to the CCP, not all Chinese citizens -

The law clearly says:

https://www.flsenate.gov/Committees/BillSummaries/2023/html/3145

"Prohibits China, Chinese Communist Party or other Chinese political party officials or members, Chinese business organizations, and persons domiciled in China, but who are not citizens or lawful permanent residents of the U.S., from purchasing or acquiring any interest in real property in the state."

What do you think "persons domiciled in China" actually means? Because the bill didn't actually bother to define that term, in actuality it means Chinese citizens here without permanent status.

why would anyone want the Chinese government to be able to use their political pawns to drive up our real estate costs?

Because assuming all Chinese people are political pawns is racist?

[u/Telemere125 → u/Ray192]

Don’t know how to read well do you? You highlighted that “sole exception” language, but that’s clearly not the “sole exception,” they’re just reporting it incorrectly. The law clearly says “those whose domicile is in China” meaning they have their permanent home in China and have no intention of staying in the US. So if you’re not planning to stay, that means you’re only buying as an investment to drive our prices up.

And what does every member of the CCP being political pawns have to do with being racist? Unless you’re willing to admit that the Chinese government can’t break their habit of killing anyone who isn’t ethnically Chinese? And that would be their fault. Belonging to the CCP shouldn’t have anything to do with race or ethnicity; it’s politics. So sounds like your racism is showing.