JD Vance Owns Company That Sells American Real Estate to Foreign Investors?

https://www.snopes.com/news/2024/10/08/jd-vance-acretrader/

42 Comments

  1. The Bottom Line

    Vance invested money in AcreTrader, an app that sells shares of real estate investment trusts. While this process does not sell U.S. land directly to foreigners, it does allow foreigners to invest in companies that own American farmland. Vance’s present level of investment in AcreTrader is unclear.

  2. Cool-Protection-4337 on

    This is the stuff that gets house prices out of hand, something we are all concerned about. They buy up these places to rent at extraordinary prices. Meanwhile they price gouge us on groceries, gas, electric bills the list goes on and on. They want to keep us broke. Trump and Vance are a huge part of the problem and they delight in it.  Our suffering is their profit and tools to use to divide us against each other. 

     Please don’t vote for these treacherous traitors. Trump is old he may not make it or he will want a pardon and then this asshat will gain power. I think that is their intention anyway. Use trump to get this bigger idiot in the office he wouldn’t win otherwise.

    •edit for spelling 

  3. rythecutiepiee on

    JD Vance’s ties to AcreTrader raise serious questions about his commitment to local interests. If he’s profiting from foreign investments in American farmland, how can we trust him to prioritize Ohioans?

  4. Hunterrose242 on

    Glad this is coming to light, but fuck snopes. They’re now in the business of sane-washing Trump’s crazy.

  5. >Oh, look – shit that actually matters. Maybe we should ask Tim Walz where he was 40 years ago again.

    – every MSM reporter

  6. ExploreTrails on

    I’ll wager it’s tied to the predatory companies targeting red state family owned farm lands.

  7. GrandMoffJenkins on

    And he’s got that smug entitled look on his face like he’s saying: “Yeah I do. What are you fucking going to do about it?”

  8. I feel like if you’re stumping on “America First” you should probably put your money where your mouth is.

  9. With his good friend Peter Thiel. The one with the big bucks.

    > The investment firm Narya Capital—which Vance launched in 2020 with backing from PayPal co-founder Peter Thiel—was a vehicle for these investments, and a key backer in early funding rounds of the farmland startup.

    >And while Vance is no longer listed as a partner at Narya Capital, according to his 2023 financial disclosure, he appears to still be an investor in the firm—or more technically, multiple legal entities with names including Narya.

  10. QuantumConversation on

    So, another predatory capitalist vs a coach/teacher and a public servant. Come on folks, this choice isn’t difficult.

  11. Puzzled_Pain6143 on

    Trump is the guy with the bazooka, turned the wrong way, aiming in front and hitting the back. Vance is the guy that looks but is too scared to say anything about it.

  12. Fuzzy_Chapter9101 on

    No No No – you guys are not getting it- I am saying America first as in you guys put America first- I will just be over here making money on your backs.

  13. Odd_Seaweed_3420 on

    This is very interesting if you consider this: Trump and Vance blame every malaise in this country on “illegal immigrants”, and that include the ridiculously expensive housing. Now, the real reason the housing (especially rental properties) has been so unaffordable is the large investors (like the Vance’s shell companies) buying up rental properties in hot markets (like in my native Chicago – BTW, I personally know a few of those guys) and then renting them out on draconian terms to make a buck. So, it’s very rich for Vance to blame the immigrants (who, let’s face it, are by and large too poor to rent any decent accommodations), all the while driving the living expenses up via shady real estate market investments – and using foreign money to do it !

  14. No_Article_2436 on

    So, this is basically money laundering for foreign funds used to finance their campaign.

  15. I expect a new racist lie to spread like wildfire direct from JD Vance as a distraction from this soon. Maybe he will say Kenyans are stealing mail or Guyanese people are setting fire to daycare centers.