Perhaps Mexico is a better example; they restrict the ability of Americans to buy Mexican land within X distance of the border or within Y distance of a coast.

Yes, and look at how well their economy does.

Yeah, but it's been over a century since they lost any states.

And millions and millions move to the US.

Yes, but for the right to use that house or condo, they don't need to pay property taxes, whereas most of the rest of the world you have to pay rent (property taxes) to the government. If you have to pay vast sums of rent to keep it, do you really own it?

Letting rich landlords accumulate land without paying any taxes on it is how you get feudalism. I don't think most people want to live in a feudal society, do you?

Maybe you didn't see that his premise is that no one in China can own land outright. But you are right concentration of land ownership is problematic for a crowded country like China and it was one of causes for the peasant revolution.

That's true, you definately want some property taxes in cities and urban areas. but, i don't see the harm of near 0 taxes in rural areas with little land demand.

That's not the rest of the worlds problem. If they want to buy other peoples land, then other people should be able to buy theres.

They're taking advantage of us.

Except in a small number of locations, the US doesn’t exactly have a land shortage. Nor a particular shortage of small liberal arts schools with sketchy financial situations.

And they might even be granted as an incentive....