FOreigners
China Bought $6.1 Billion in US Real Estate Last Year
Overall, foreign buyers bought $59 billion worth of US homes,. Canadians bought $5.5 billion in US houses, Indians bought $3.6 billion, Mexicans $2.9 billion, and Brazilians $1.6 billion,. Liz Wheeler points out that America's policy of selling land to foreign nationals is outdated and leaves our country vulnerable.