this post was submitted on 30 Jan 2024
1909 points (97.7% liked)
Lemmy Shitpost
26898 readers
2167 users here now
Welcome to Lemmy Shitpost. Here you can shitpost to your hearts content.
Anything and everything goes. Memes, Jokes, Vents and Banter. Though we still have to comply with lemmy.world instance rules. So behave!
Rules:
1. Be Respectful
Refrain from using harmful language pertaining to a protected characteristic: e.g. race, gender, sexuality, disability or religion.
Refrain from being argumentative when responding or commenting to posts/replies. Personal attacks are not welcome here.
...
2. No Illegal Content
Content that violates the law. Any post/comment found to be in breach of common law will be removed and given to the authorities if required.
That means:
-No promoting violence/threats against any individuals
-No CSA content or Revenge Porn
-No sharing private/personal information (Doxxing)
...
3. No Spam
Posting the same post, no matter the intent is against the rules.
-If you have posted content, please refrain from re-posting said content within this community.
-Do not spam posts with intent to harass, annoy, bully, advertise, scam or harm this community.
-No posting Scams/Advertisements/Phishing Links/IP Grabbers
-No Bots, Bots will be banned from the community.
...
4. No Porn/Explicit
Content
-Do not post explicit content. Lemmy.World is not the instance for NSFW content.
-Do not post Gore or Shock Content.
...
5. No Enciting Harassment,
Brigading, Doxxing or Witch Hunts
-Do not Brigade other Communities
-No calls to action against other communities/users within Lemmy or outside of Lemmy.
-No Witch Hunts against users/communities.
-No content that harasses members within or outside of the community.
...
6. NSFW should be behind NSFW tags.
-Content that is NSFW should be behind NSFW tags.
-Content that might be distressing should be kept behind NSFW tags.
...
If you see content that is a breach of the rules, please flag and report the comment and a moderator will take action where they can.
Also check out:
Partnered Communities:
1.Memes
10.LinuxMemes (Linux themed memes)
Reach out to
All communities included on the sidebar are to be made in compliance with the instance rules. Striker
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
yeah someone needs to stop the Chinese from buying up residential property everywhere
If only there were some sort of governing body that could regulate things like that...
Over here foreign investors are banned from buying property, they can only build property. Unless you send your kid to uni here, then it's all fine apparently
And if we in the US tried banning foreign investors buying houses we’d be called racists. It needs to be done. I’m tired of not being able to afford anything where I live
Oh don't worry we still can't afford anything. Median house prices are over a million dollars AUD and in terrible condition.
No one should be able to, regardless of where they come from. China is a scapegoat.
Op has right idea but terrible phrasing. Sounds racist (well, xenophobic) and I actually started trying to type a (tongue-in-cheek) racist response, but I couldn’t get the tongue-and-cheekiness strong enough to be clear I was mocking it.
Not a scapegoat but the current largest offender.
Domestic corporations outpace them by quite a bit. Even if you only look at foreigners, China only accounts for 13% with Mexico at 11% and Canada at 10%.
We should aim to ban everyone from doing this. If no one, domestic or foreign, can abuse of the housing industry, the problem goes away.
If only China is banned from doing so, the vacuum gets filled in the space of a day and the problem persists.
Yes, we should ban foreign investors. Especially the US companies that want to profit from our housing scarcity.
Technically, China did... They've limited yearly investment outside the country to ~$20k, which would significantly dampen it. They're even cracking down on the multi millionaires
Granted, laws don't seem to work on billionaires or multinational corporations. China having those is a problem...
The US ones are really doing a number too... Investment funds like Black Rock gaming the market have been the biggest issue, they've been snatching up everything at a bit above market rate or below in an area, which makes the price skyrocket. Some of them are renting them out and driving up rent prices, but a lot of them are just collecting them like Pokemon cards and leaving them empty until they (presumably) decide it's time to sell.
Granted, that's probably more like billionaires all over the world collectively doing it indirectly