Comment
Comment by e40
I'd really like to see non-US residents putting money into real estate pay a huge tax, to discourage purchase of condos and single family homes. There's no reason, to purchase these items and leave them empty, as a hedge against whatever is going on in their country. I'm not exactly sure where to draw the line, but if you send a kid to the US for school, and they live in your condo/house, that's fine. But, do we want speculators from outside the country purchasing and leasing back to US residents? Seems like a bad recipe.