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Viterbi

Should Foreign Ownership Of Land And Property Be Banned?

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As an economic nationalist I strongly believe that British land and property should only be owned by the British, not Johnny foreigner. All foreigners who own Briitish land and property should be forced to sell their assets.

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Why stop at National boundaries? Should Welsh people be allowed to buy property in England? Should northerners be allowed to buy in the south? Should you be allowed to buy property in the town down the road?

National boundaries are an artifical human creation. I don't see why there should be a difference.

MattLG

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As an economic nationalist I strongly believe that British land and property should only be owned by the British, not Johnny foreigner. All foreigners who own Briitish land and property should be forced to sell their assets.

I echo the other questions. But I also want to ask WHY you have this opinion?

Is there a logical reason with benefits to British people & the British economy, or is it just plain pig headedness?

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As an economic nationalist I strongly believe that British land and property should only be owned by the British, not Johnny foreigner. All foreigners who own Briitish land and property should be forced to sell their assets.

Couldn't agree more - there are large swaythes of the country that are owned by foreign "investors". Clearly this is an inflationary pressure on property costs.

I'd like to see such property taken with a compensatory payment of a maximum of say £50k to each specific individual.

You'd also have to deal with companies which hold property on behalf of foreigners.

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Try buying property or land in China or India.

Maybe there are some countries out there who don't want their econmies spiked in the same way. Free trade my ar$e.

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As an economic nationalist I strongly believe that British land and property should only be owned by the British, not Johnny foreigner. All foreigners who own Briitish land and property should be forced to sell their assets.

I'll try not to take this personally. :(

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...I strongly believe that British land and property should only be owned by the British.

Does your source identify who owns british soil in the same way that the 'land registry' identifies who owns property?

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Viterbi

Your tone is offensive. People from all backgrounds contribute to the economic

well being of this country. To restrict someone buying here would be termed

racist. Hint of Germany in the 1930 ??

But I am against foreigner like the Saudis & Indians (Mittal) etc own shopping centres

and multiple BTL who have never set foot in the UK.

Edited by E Powell

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In Bermuda, non Bermudians are not allowed to own property unless they pay a 20% tax on the price of the property and the property must be bought of a non Bermudian, Oprah Winfrey was declined a property for this very reason.

Could do it in England to stop the increase in foreign investment but im sure someone would say it is against human rights or some other bullsh!t.

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This is a great idea!

It should also be applied to the countless britians who now call southern spain there new home, they all should be paying more as an additional tax rate (+>20%?). Why stop there, lets apply the same methodology to all the british expats living in australia, new zealand, canada, us etc. The pounds brought to these countries has given them a considerable edge in purchasing power over the locals.

Seriousily, what a simple minded and stupid comment to post publicly. It surely has to be a windup?

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As an economic nationalist I strongly believe that British land and property should only be owned by the British, not Johnny foreigner. All foreigners who own Briitish land and property should be forced to sell their assets.

Another new mad poster Join date 15th december.

Welcome aboard.

You might like to try this website where you can discuss your views with like minded people.

http://www.stormfront.org/forum/

Economic nationalist :lol::lol::lol:

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This is a great idea!

It should also be applied to the countless britians who now call southern spain there new home, they all should be paying more as an additional tax rate (+>20%?). Why stop there, lets apply the same methodology to all the british expats living in australia, new zealand, canada, us etc. The pounds brought to these countries has given them a considerable edge in purchasing power over the locals.

Seriousily, what a simple minded and stupid comment to post publicly. It surely has to be a windup?

Are you talking to me?

This is not a wind up, it is the law in Bermuda!!

Non Bermudians are allowed nothing unless it is offered to bermudians first, thats why its hard to get a job, house and even a car. Ex pats are not allowed cars unless they own a house and on top of that there is a one car per household rule.

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Couldn't agree more - there are large swaythes of the country that are owned by foreign "investors". Clearly this is an inflationary pressure on property costs.

I'd like to see such property taken with a compensatory payment of a maximum of say £50k to each specific individual.

You'd also have to deal with companies which hold property on behalf of foreigners.

I'm for this. There's this lady of German descent and some Greek bloke who own large swathes of the UK, and not only that, they don't pay tax, but in fact get subsidised by the UK Taxpayer! Take back the land and chuck 'em out of the country!*

* But not too far, say about 200M, with some heavy lead boots on. :D

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Bermuda may have a reasonable argument in restricting foreign ownership of tangible land in order to stop the tax evaders from the US buying up every last inch of the island and forcing the locals to tread water at least for a while...

BTW are you Bermuda John as in Bermuda John the Doc....

As for the non domiciled tax regime, which is what I presume others are alluding to, it seems counterintuitive at first.

They pay no UK inheritance tax and UK income tax on only that income which is remitted to the UK or arises in the UK, i.e. that which is required to fund their UK living expenses. Thus certain prominent Russians, Greek and Indians have enjoyed the hospitality of the British people, the lack of arbitary arrest and ahem interrogation for some time.

As a counterpoint the Duke of Westminster has flogged them some very expensive Chelsea leases....

A nice symmetry between crooks escaping their actions, only to be arbitarily fleeced. An indirect tax paid for the privelige of not being probed on a regular basis in a Siberian reeducation centre.

Of course abolishing this rather preferential regime would lead to the beneficiaries immediately leaving, and shock selling their overpriced property. Price falls in sloanland- perish the thought, clearly a non starter.

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Should Foreign Ownership Of Land And Property Be Banned?

What would this achieve? Most BTLers are UK-based.

As an economic nationalist

Hmm, never heard of one of them before. However, there is a word beginning with 'r' that seems to describe your sentiments accurately (and no, it's not "recidivist").

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Viterbi is an algorithm for decoding convolutional codes.

USC Viterbi School

Dr.Viterbi’s lifelong interest in communications began as a child, when his family fled Italy for America in 1939 to escape the persecution of Jews...

Of course if the USA had adopted the same attitude as "Viterbi", there may have been no Viterbi algorithm and nothing for this sad little racist to feel self-congratulatory about...

:rolleyes:

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In Thailand, property cannot be owned by a foreigner, similarly for a business, a Thai national must own at least half. I think this is a fair system, since it's quite cheap for a westerner to purchase a whole line of businesses, or homes at the detriment to the Thai worker.

The situation for the UK apparently is that there aren't enough properties to house us. Well, i know that is probably VI BS, but if that is the case, then it should be the case that the government should put measures inplace to cease foreign acquisition and ownership of land and houses. These are the homes of the British people. This also works both ways, as most paper-rich British people have bought their houses in Spain etc, i think it is wrong. Especially when it impacts the economy. That said it isn't foreign people buying up houses that is the problem, it greedy British BTL's and landlords and the like.

But i believe it's a valid point, and should work both ways. British homes should be for people that live in the UK, likewise for other countries.

Edit - by foreigner, i mean someone who doesn't live in the UK. This opinion isn't about race, creed or colour, it's about people who live in a land having the ability to afford their own homes in their homeland.

Edited by lewissheridan

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Actually I'n in favour of banning all ownership of land. It should be controlled by the state and given to each according to their needs.

It therefore follows that if you are a foeigner with 8 children then you are in for a pretty big house.

As for me - I would get a one bed flat in central Leeds.

You think we have it bad - think of the Eskimos.

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Of course abolishing this rather preferential regime would lead to the beneficiaries immediately leaving, and shock selling their overpriced property. Price falls in sloanland- perish the thought, clearly a non starter.

Which is why, despite all his socialist mutterings, Brown will not touch non-dom. Much oil money is also recycled in the casinos of London and various other establishments in the West End.

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A stupid idea if ever there was one - first - how would you define a foreigner? - or conversley an English National - 1 generation, two or twenty?

I thought as a nation we had moved on from this type of crap - this has little to do with house prices and does the site little credit.

The creation of devides and then the dehumanisation of elements of the community is how the holocaust started.

There are more than enough houses in the UK, and if that actually were a problem then lets relax the planning laws.

Racism has no place in a civilized society - lets keep it that way.

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  • 337 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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