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Buying the American Dream: Using Immigration Law to Bolster the Housing Market

48 Pages Posted: 23 Nov 2014 Last revised: 17 Jan 2015

Kit Johnson

University of North Dakota School of Law

Date Written: November 21, 2014

Abstract

Escaping notice in debate about immigration reform is a proposal that would give residency visas to foreign nationals on the condition that they buy an expensive home. Proponents see visas as a simple way to shore up the U.S. housing market. Yet complications abound. This Article scrutinizes the history, logic, economics, and morals of the proposed homebuyer visa, as well as its intersection with state laws that restrict foreign ownership of land.

Keywords: immigration, property, visa, housing, retirement, economics, legislation

JEL Classification: K1, K10, K11, K37, R21, R31

Suggested Citation

Johnson, Kit, Buying the American Dream: Using Immigration Law to Bolster the Housing Market (November 21, 2014). 81 Tennessee Law Review 829 (2014). Available at SSRN: https://ssrn.com/abstract=2529228

Kit Johnson (Contact Author)

University of North Dakota School of Law ( email )

P.O. Box 9003
Grand Forks, ND 58202-9003
United States

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