<story><title>Foreign purchases of American homes plunge as Chinese buyers flee the market</title><url>https://www.cnbc.com/2019/07/17/foreign-purchases-of-american-homes-plunge-36percent-as-chinese-buyers-flee.html</url></story><parent_chain></parent_chain><comment><author>always4getpass</author><text>Real estate and primary residences should not be a market and an investment opportunity imo.&lt;p&gt;A company buying thousands of homes and then milking workers through rent for decades seems unethical.&lt;p&gt;While I do not have a solution, I think this is an issue we should work on</text></comment>
<story><title>Foreign purchases of American homes plunge as Chinese buyers flee the market</title><url>https://www.cnbc.com/2019/07/17/foreign-purchases-of-american-homes-plunge-36percent-as-chinese-buyers-flee.html</url></story><parent_chain></parent_chain><comment><author>cjhanks</author><text>Chinese leverage is high and their economy is trending down.  They &lt;i&gt;have&lt;/i&gt; to contract into slightly more conservative positions.  And afaik, they were the world wide cause of inflationary real-estate.&lt;p&gt;I would suspect that US markets are less to blame than foreign economies showing signs of contracting.  In any case, it&amp;#x27;s good for American&amp;#x27;s.&lt;p&gt;It&amp;#x27;s insane to me that our ability to buy homes is so adversely affected by foreign investment.</text></comment>