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We could apply the same rules as China and only allow foreigners to rent land from the government for a lifetime (I think it was 80 years) and disallowing foreigners from buying land.

Otherwise, you might end up with a situation like London where the locals become tourists in their old neighborhood. Or do you think any normal person can still afford to live there, after vast amounts of foreign wealth were brought in and prices adjusted accordingly?



> same rules as China and only allow foreigners to rent land from the government for a lifetime (I think it was 80 years)

The same rules apply to locals, leasehold itself is a very Georgist idea as it is used in modern times.

Leasehold rather than freehold is baked into Georgian ideals of taxing rent-extraction.




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