It's waaayyyy past time (like years) foreign ownership of real property in the US was restricted. Many other countries have been doing this for a while.
This is what gets me about our politicians. For generations it would seem the goal was to bring America to its knees. You'd think those in power would make laws and regulations to protect America and Americans, but no.
Look at any house built in the 50's, one car garage, single family home. Dad worked and mom stayed at home caring for the kids and the home. And in the Summer, that family could afford a nice family vacation. All on dads one salary.
Then.... suddenly, dad needed two jobs or something part-time to make ends meet. And family vacations were out.
Then.... it got worse when mom had to get a job too, just to make ends meet. That was when women realized how unfair they were treated in the workplace and the women lib movement was born. Regardless, mom needed that income to keep the family afloat.
And as time rolled on, incomes from both mom and dad were not enough. The middle class family kept losing ground, and losing ground, and losing ground. New homes were built with a two car garage because the family needed two cars, one for mom and one for dad.
And because mom was at work, unable to cook those nice wholesome family meals, families suffered. And kids found themselves home alone and thus began the birth of the juvenile delinquent. Children lacking of parental supervision. Mom was at work and simply too tired to deal with the kid.
Say hello to the new babysitter, McDonalds and Xbox.
It would seem American society was going to hell.
And again, it all goes back to our politicians and political leadership. It was like they planned all of this from the beginning. To make life as difficult as they could for the American middle class. To do nothing to protect America from internal chaos and outside influence.
And here we are again, homes being bought up by ""investors"" thus causing further American chaos for the middle class.... if we still have a middle class?
Would-be homeowners are forced into renters. Home ownership is threatened. And our politicians? Missing in action. The sad thing is... it no longer matters who or what political party is in charge, the demise of the middle class continues regardless of which party is in control.
It's like some dirty little plan, an ongoing plot by our politicians to destroy from within.