Is there any move to prevent foreigners who do not live in this country from buying houses and commercial?

Asked by Ka, Los Angeles, CA Tue Mar 4, 2008

buildings? With our U.S. dollar artificiallly low, we are seeing mostly foreigners buying and many times leaving the homes
vacant. I would like to see people who live here owning the homes and commercial properties.

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Jonathan Bow…, Agent, Stoughton, MA
Tue Mar 4, 2008
"Artificially low"?! That is a discussion for another thread.

No, there is no such movement and there shouldn't be such a movement. I know that this is not the answer you are looking for but right now the United States needs foreign investment to survive financially. The United States is no longer the world power that we once were and we will have to work smartly to regain that designation.
Web Reference:  http://www.bowenboston.com
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