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A comment on If you sell a house these days, the buyer might be a pension fund. Parent comment

Re:If you sell a house these days, the buyer might be a pens... by whoisburbansky on Wednesday June 09, 2021 @12:16PM (#27449664)
Something like this would effectively bar any person born in India who tried to immigrate to the U.S. in the last ~5 years from ever buying a house, unless they got married to a citizen. Broad strokes, I agree that residency requirements might help with reducing speculative investment, but maybe phrased in terms of how long you're in the country, not literally permanent residency as a legal threshold.
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Re:If you sell a house these days, the buyer might be a pens... by tachyonbeam on Wednesday June 09, 2021 @12:22PM (#27449775)
Yes I agree, I meant residency requirement, requiring that people live in a country for at least 6 months before buying a house, which could be done on a work or student visa.
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Re:If you sell a house these days, the buyer might be a pens... by Cerium on Wednesday June 09, 2021 @12:18PM (#27449702)
Not necessarily - for example in China foreigners are limited to owning one house. That limits speculation but does not provide hindrance for someone honestly trying to live.
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Re:If you sell a house these days, the buyer might be a pens... by whoisburbansky on Wednesday June 09, 2021 @01:36PM (#27450730)
What’s the “not necessarily” in response to here?
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Re:If you sell a house these days, the buyer might be a pens... by Cerium on Wednesday June 09, 2021 @04:38PM (#27452901)
That policies restricting who can buy homes will hurt immigrants.
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Re:If you sell a house these days, the buyer might be a pens... by whoisburbansky on Wednesday June 09, 2021 @04:39PM (#27452914)
In general, of course not, but GP originally proposed specifically forbidding non-permanent residents from buying houses. How is that not hurting immigrants?
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Re:If you sell a house these days, the buyer might be a pens... by Cerium on Wednesday June 09, 2021 @04:41PM (#27452952)
The policy does not have to be binary - you can forbid non-permanent residents from buying more than one home instead.
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Re:If you sell a house these days, the buyer might be a pens... by whoisburbansky on Thursday June 10, 2021 @02:11AM (#27457378)
Agreed that the policy doesn't have to be binary, but GP's original phrasing was literally "ban non-permanent residents from buying property," which is what I was responding to.
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Re:If you sell a house these days, the buyer might be a pens... by throw737858 on Wednesday June 09, 2021 @12:27PM (#27449836)
In China nobody owns a house, it is just leased from government for 70 years.
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Re:If you sell a house these days, the buyer might be a pens... by gowld on Wednesday June 09, 2021 @12:28PM (#27449855)
"permanent" residency was your contribution, so there's no need to rebut it -- just don't propose it in the first place.
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Re:If you sell a house these days, the buyer might be a pens... by tachyonbeam on Wednesday June 09, 2021 @12:42PM (#27450051)
I edited my comment, I had written "permanent resident", when what I actually meant was just "resident".
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