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486

Don't allow non-citizens to buy or invest in residential property in the USA. There, I just solved about 70% of the problem and the housing market would drop probably by about 40% overnight.

Archive: https://archive.today/QqQaf

From the post:

>For six glorious years, Paul Woods and Nora Stout owned a home in the Los Angeles suburb of Altadena. They grew lemons and oranges and hosted rollicking parties around a backyard pool facing the purple San Gabriel Mountains. After years of renting, the couple had realized their dream of homeownership and, they thought, were on track for long-term financial security.

Don't allow non-citizens to buy or invest in residential property in the USA. There, I just solved about 70% of the problem and the housing market would drop probably by about 40% overnight. Archive: https://archive.today/QqQaf From the post: >>For six glorious years, Paul Woods and Nora Stout owned a home in the Los Angeles suburb of Altadena. They grew lemons and oranges and hosted rollicking parties around a backyard pool facing the purple San Gabriel Mountains. After years of renting, the couple had realized their dream of homeownership and, they thought, were on track for long-term financial security.

(post is archived)

[–] 1 pt

I agree but banning any non-citizen from owning property will drop values FAST and in some of the most expensive markets in the country. You have to also ban/restrict the property that Private Equity groups / Companies can buy before you do it though. Otherwise they will just buy all the houses and turn them into rentals forever.