• dan@upvote.au
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    4 months ago

    tamper foreigners buying up houses too

    Who do you consider a foreigner though?

    • Foreign citizen living outside the USA
    • Foreign citizen living in the USA, with temporary residency (eg a work visa)
    • Foreign citizen living in the USA, with permanent residency
    • US citizen with dual citizenship, permanently living overseas, buying property remotely for renting out

    The first case is clear, but the others less so. A foreign citizen living in the USA to live in is a better scenario than a US citizen permanently living in another country buying a bunch of houses just to rent them out.