I just read somewhere that a proposed measure in congress would offer visas to  any foreigner making a cash investment of at least $500,000 on residential real-estate—a single-family house, condo or townhouse. 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, since they can only live in one home at a time the others can be rented out. This bill is suppose to help the struggling real estate market recover. I was wondering what you thought; will this help the real estate market or pose more potential financial problems for the country and individual states in the long run? Let me know how you feel.

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Rozalyn Franklin
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