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Real Estate
Reply to "The Daily episode on the housing crisis"
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[quote=Anonymous][quote=Anonymous]https://www.blankrome.com/publications/how-recent-laws-affect-foreign-purchase-us-real-estate The US has cracked down on foreign nationals and foreign investors purchasing real estate. [/quote] This is really limited and not really "cracking down." It largely relates to limiting the ability of foreign nationals and investors from purchasing land near military bases or utility infrastructure. And even that is limited and in some cases just means the government can review the sale before closing to ensure it doesn't pose a security threat. It has pretty much nothing to do with the impact of foreign nationals buying up residential homes as investments. That's a separate issue that is not touched on by any of these provisions which are all about national security.[/quote]
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