http://online.wsj.com/article/SB10001424052970203752604576641421449460968.html?mod=googlenews_wsj&mg=com-wsj
Foreigners' Sweetener: Buy House, Get a Visa
By NICK TIMIRAOS
The reeling housing market has come to this: To shore it up, two Senators are preparing to introduce a bipartisan bill Thursday that would give residence visas to foreigners who spend at least $500,000 to buy houses in the U.S.
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My Take
The capitalists created the mess “Take the vacation you deserve, you have plenty of equity on you house”, and “Remodel, you deserve it”. That was what rocketed the real estate prices right out of affordability, and pushed people to borrow what they could not pay for.
But, that is not enough for the 1%, now they put the US citizen competing with foreigners to buy a home. Now, they want to keep the houses off the reach of the average American. They feel it is more prudent to destroy a house than to keep people with a roof over their heads.
So, they are bulldozing houses to keep the prices high. Where are lawmakers? Oops, they work hand and hand politician and the 1%; they are the 1%.
Supply and demand again created artificially to keep Americans without houses, and paying rent to Foreigners'. Other nations keeping the American dream far from our citizens, is that treason? Is there any other way to create another level of slaves?
Go OWS go. Let’s vote them 1% off of office, and let’s vote for real people. Remember Obama II is in the 1%, and so is Romney.
