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There are several programs that let you 'buy' a Visa and adding another one for the low low price of '$500,000 to buy a home in the U.S.' is not going to do muc
by onemoreact 15y ago
There are several programs that let you 'buy' a Visa and adding another one for the low low price of '$500,000 to buy a home in the U.S.' is not going to do much for immigration or home prices.
- sixtofour 15y agoThe $500,000 floor seems to be a benefit for people who have $500,000 houses to sell. Doesn't do much for Joe Sixpack while he's deciding whether to stick or walk away.
- lallysingh 15y ago"'Applicants can spend the entire amount on one house or spend as little as $250,000 on a residence and invest the rest in other residential real estate, which can be rented out,' the paper added." $250k's not terrible.
- jhamburger 15y agoIn theory if high-end prices go up, it should have a cascading effect with lower-end prices going up to fill the vacuum.