https://www.dailywire.com/news/bill-banning-texas-land-purch...
Yet, Aramco (Saudi Arabia) purchased the largest oil refinery in the US under his watch. https://money.cnn.com/2017/05/01/investing/saudi-arabia-buys...
Oil infrastructure does not do the same thing that land/housing does.
The USA does not have the same relationship with Saudi Arabia as it does with China (+ NK, Rus, Iran).
It's not like foreign buyers put down "China Inc" on the purchase forms.
For what it's worth, the formation of an LLC is a state affair, and every state has its own rules around requirements, reporting, transparency, etc. Most states keep the paperwork public; some states don't, but these are not the states where housing shortages are all that profound.
If this hypothetical low income person owned the LLC so that others could operate it, nothing is stopping them from cleaning out the LLC's bank account whenever they want since they own it!
Basically, you can say (in legalese) that X group can’t be the controller of the land. They can open trusts or LLCs or whatever… but it’s transitive so their trust can’t name them as the beneficiaries and their LLCs can’t honor them as shareholders.
There are already laws regarding naming the RPI:
[1] https://definitions.uslegal.com/r/real-party-in-interest/
[2] https://en.wikipedia.org/wiki/Real_party_in_interest
[3] https://www.projectjurisprudence.com/2017/08/whos-real-party...
Mind cancer!
For the good of national security!
Save the children!
What a bunch of rubbish. Go back to school! Wait, you’re screwed there too!
Yeah, no.
And Google and Apple are doing this because... why? Is Bytedance paying them a shitload of money? Are their CEOs secret CCP plants?
If you are concerned about this, how would even refusing to install TikTok protect you? After all, Google and Apple could simply collect the data directly in the OS and send it to Bytedance themselves.
I would recommend looking into some independent thinkers and doing your own research on the collusion between these big companies. There's definitely some out there, however they suspiciously get removed from HN as soon as they're posted.
Worst comes to worst, anything physically in America owned by a hostile foreign power can be seized, pieces of paper be damned.