[Vendome]

Yep. Japan had a phony currency backed by a dimwitted government.

They are still stuck in the 80’s because of it.

Let em buy real estate. it’s not like they can take it back to China and it’s good for our economy.

[driftdiver]

Maybe if we’re lucky they’ll hire us to be their gardeners and maids.

Wait all those jobs are taken by illegals errr undocumented workers.

[Dr. Bogus Pachysandra]

” it’s not like they can take it back to China and it’s good for our economy.”

And their children and grandchildren will be prosperous, hard-working, and successful American citizens.

[hedgetrimmer]

it’s good for our economy.

Its good for the globalists.

Its not good for this nation. When a nation's people cannot afford to climb the property ladder, they cannot accumulate wealth. If they cannot own property, they have no investment in their community. They are less likely to become involved in politics(self government) and that is how the global socialists have got such a choke hold on our government offices.

If a nation's people always consider themselves 'renters' they are more likely to turn to the government to provide them things, like rent control, or government developed properties like the communist inspire 'smart growth' housing.

Since they don't own anything, they don't pay property taxes, so they don't care if YOUR property taxes are raised to the point where YOU cannot afford to own property anymore.

In short, foreign ownership of residential property in this country drives citizens out of the property market, kicks them off the wealth accumulation ladder, destroys the concept of standing up for property tax paying citizens because they do not relate to property ownership, and cuts off participation in local government because there is no concept for them in the protection of citizen's property interest.

Your argument is solidly globalist and wrong.