Foreign Buying of U.S. Homes Suffers Record Drop

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Foreign purchases of U.S. homes have dropped by half over the past two years, data show, hitting markets in New York City, Miami and California

Foreign purchases of U.S. homes have dropped by half over the last two years, a fresh blow to the top end of the market in New York City, Miami and cities in California.

Foreigners bought less than $78 billion worth of U.S. residential real estate in the year that ended in March—a 36% decline from $121 billion the previous year, according to a report released Wednesday by the National Association of Realtors.

 

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Because there’s nothing left. They’ve snapped up all the good ones. And they’re the only ones who can afford them.

Tough to slip in the dirty money now days. Real Estate is one of the top ways to clean up money. Trump has been doing it for decades.

Good. America's land belongs to Americans.

Most people in the world are colored people. They are no longer interested in moving to Nazi America.

GOOD - rent is expensive enough.

who would want to live here or invest, look at whats running the country

Climate change

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