patrick.net

It is incredible that H1B visa holders were eligible for FHA loans in the first place.

HeadSet says

It is incredible that H1B visa holders were eligible for FHA loans in the first place.

It is incredible that Non-Citizens and foreign corporations are allowed to purchase property in the United States of America….

It's incredible that "investor visas" are given to people who create nothing new, just buy an old motel built in 1950, fire 3/4 the staff, replace them with family members imported under other work visas, and then transfer it to another family member when the tax benefit runs out to renew the tax break.

TheAntiPanicanLearingCenter says

It's incredible that "investor visas" are given to people who create nothing new, just buy an old motel built in 1950, fire 3/4 the staff, replace them with family members imported under other work visas, and then transfer it to another family member when the tax benefit runs out to renew the tax break.

Not really. They bailed out a Boomer.

Houses, businesses. All the same: Boomer assets.

ForcedTQ says

It is incredible that Non-Citizens and foreign corporations are allowed to purchase property in the United States of America….

I was quite surprised during my college year in Austria to find that foreigners were not permitted to buy property there. Never occurred to me before then that a country could do that, but why not? Makes a lot of sense to me now.

They seem to have relaxed it. Other Euro citizens are free to buy property, and non-Euro foreigners can apply for permission to buy property in Austria, though it seems hard to get.

Patrick says

They seem to have relaxed it.

Yeah. Because of demographic collapse.