Joe.My.God. LGBT News
The Texas Tribune reports:
The governments, citizens and businesses of Russia, China and two other nations would be prohibited from buying real estate in Texas under legislation awaiting action by the state Senate that warns that such purchases might be harmful to national and state interests.
Texas ranks third in the nation as a destination for foreign entities seeking to purchase real estate in the United States, according to a 2022 report by the National Association of Realtors. However, except for China, the countries listed in Sen. Lois Kolkhorst’s bill appear to have little or no footprint in Texas or in the nation as a whole.
However, Texas was not among the 15 top states where China had made land purchases last year, the report said. Most of the state’s foreign real estate investments came from Mexico, India and Colombia.
Read the full article.
Fear of espionage has Gov. Greg Abbott vowing to ban Chinese businesses and citizens from buying land in Texas, a move condemned by some Democrats as racist. https://t.co/GY8b2o8QRd
— Houston Chronicle (@HoustonChron) January 20, 2023
Abbott is now pushing a bill that would strip away PRIVATE PROPERTY RIGHTS away from every immigrant from China, Russia, Iran, and North Korea waiting to become a US CITIZEN.
This is what Texas Republicans stand for. pic.twitter.com/PFDDXdCiLB
— Gene Wu (@GeneforTexas) January 19, 2023
Senate Bill 147 would not only affect companies owned by a the foreign government… But it targets every private citizen who has no connection other than also being from that same nation.
— Gene Wu (@GeneforTexas) January 19, 2023
So literally EVERY refugee and immigrant FLEEING Iran, North Korea, Russia, and China would be punished and stripped of their homes and businesses…
Because of the government that they’re FLEEING.
This is Republican logic.
— Gene Wu (@GeneforTexas) January 19, 2023
The tens of billions of dollars of foreign investments in petrochemical plants along the Texas coast, that ABBOTT’S own international business office helped induce, will be in jeopardy.
That’s thousands of high paying jobs.
— Gene Wu (@GeneforTexas) January 19, 2023
If you don’t know, look around your community.
There are people who have comfortably held a US green card for 20 or 30 years. They have homes and businesses.
THOSE ARE FOREIGN CITIZENS.
They don’t lose that until they become US citizens.
— Gene Wu (@GeneforTexas) January 19, 2023