I'm an American that lives abroad. I have first-hand experience how other countries treat 'immigrants'. H1B is a temporary non-immigrant visa.
I could never imagine myself buying a home in a country where I don't have permanent access to that real estate. I am not opposed to voting to prevent non-PRs from owning real estate in order to keep housing prices lower for residents and prevent non-immigrants from shooting themselves in the foot.
As I live abroad in temporary status, I keep one foot back home (USA) and am extremely mindful of the risks of needing to close up shop and move.
If you want an economic perspective, consider reading Warren Buffet's "America’s growing trade deficit is selling the nation out from under us" article [0].
I could never imagine myself buying a home in a country where I don't have permanent access to that real estate. I am not opposed to voting to prevent non-PRs from owning real estate in order to keep housing prices lower for residents and prevent non-immigrants from shooting themselves in the foot.
As I live abroad in temporary status, I keep one foot back home (USA) and am extremely mindful of the risks of needing to close up shop and move.
If you want an economic perspective, consider reading Warren Buffet's "America’s growing trade deficit is selling the nation out from under us" article [0].
[0] - https://fortune.com/article/warren-buffett-foreign-trade/