new law that bans citizens of China and some other countries from purchasing property in large swaths of Florida can be enforced while being challenged in court, a federal judge ruled Thursday.
Judge Allen Winsor denied the American Civil Liberties Union’s request to block the state law as it seeks to overturn it. The group is representing Chinese citizens living in Florida.
They need to word these laws that owning residential property without living in them incurs a massive tax or is prohibited altogether. This is why housing for so out of control in parts of Canada like Vancouver.
Sureee but that would also apply to wealthy American “investors” and corps that buy property to rent out.
Good. It would be about time the rich actually paid their fair share in this country.
I’m all for implementing a bracketed system like income tax for entities that own X properties that dont live in them.
New Zealand has the same law. Their home prices were shooting through the roof.
Still are. Was never because of foreigners.
Is and always will be because people are greedy. How many properties does Luxon own again ?
Florida Man: He can’t be wrong all the time, right?
