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.
Sorry I didn't know that! Normal people had to go through layers of scrutiny to get mortgage and insurance for property purchase back then ...