Other countries ban Non Resident Foreigners from owning land and property should we to help Americans afford housing better?
Furthermore its a way foreigners can launder dirty money through US real estate, they acquire dirty money from lets say China as a corrupt Gov official they then take that money invest in a US property and then can take out a loan from that mortgage and then they have clean money.
I know we will have people scream "we need the foreign investment dollars though!" to that I say are we America 1st or do we care more about Wall street? Does foreign investment matter when the average family can no longer afford a house to build a family with. Families or business which do you value more? We need to look at how policy effects the average American not how it effects GDP.
Didn't an investigator in AZ testify this very operation was underway with Katie Hobbs?