JD Vance Owns App That Sells American Real Estate to Foreign Investors
AcreTrader purchases land from, or with, farmers and transfers ownership from the landowner to a private limited liability company. The remaining shares in these properties are then sold to the public. In many cases the former landowners or their tenants may continue working the land, becoming shareholders instead of owners while receiving access to the funding raised by the investors. It's being marketed to foreign investors.
The federal farm subsidies are being dropped so this land can be bought for pennies on the dollar, turning famers into sharecroppers. This administration is turning the USA into a personal fire sale. There's a reason why cabinet members are supposed to divest personal assets before taking office.
https://civileats.com/2024/09/18/jd-vance-invested-in-acretrader-heres-why-that-matters/