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chrisco25505/03/20251 replyview on HN

You, a single actor, probably wouldn't be a significant factor. However, an international government or corporate entity owning hundreds of thousands of acres and exploiting resources on the land and routing them back to their home country can be problematic. It places additional strain on limited resources and the profits are not spent in the local economy...just sent overseas. Absentee ownership of non-productive real estate can also drive up the costs of housing for citizens, making homeownership more difficult and driving down wealth in the middle class.


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epolanski05/03/2025

I see it completely opposite of you.

1) The foreign entity is investing where Americans aren't.

2) There is a very huge risk for the foreign entity to own such an operation because of political changes. By law or decree the US or the state can always nationalize these lands.

Thus, ultimately, I see no issue there.

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