Except the economy is getting more and more dependent on that external money. Good luck banning foreign owners if 20% of your state GDP is real estate deals (re

Except the economy is getting more and more dependent on that external money. Good luck banning foreign owners if 20% of your state GDP is real estate deals (real numbers for British Columbia; they also tried foreign buyer tax, although the Chinese figured out some loopholes). Good luck banning foreign investments if millions of local jobs exist solely to make the companies look like better investments, and millions more are tied to advertising, accounting, cloud and other services provided to VC-backed companies. You can't stop the slowly accumulating long-term effects without a considerable mid-term depression, and no politician will go for it because the majority of voters is very short-sighted.