For Chinese Home Buyers, Seattle Is the New Vancouver

Re:For Chinese Home Buyers, Seattle Is the New Vancouver by CalRobert on Monday May 08, 2017 @05:58AM (#14290370)

Remember that a _lot_ of people who are in a country are not necessarily citizens. Many have green cards. Some people cannot accept US citizenship without losing their other one (Germans face this quandary, for instance). You can spend an entire life in the US productively and legally and not be a citizen. Barring them from owning a home is problematic.

Take this at face value because I'm too busy to look up citations, but it seems the general trend around the world is to make citizenship harder to acquire, not easier, compounding this issue.

* Full disclosure - I am very biased because I am a resident of a country in which I am not a citizen, and I've been really frustrated by not being able to get a mortgage.

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Re:For Chinese Home Buyers, Seattle Is the New Vancouver by CalRobert on Monday May 08, 2017 @08:46AM (#14291022)

One small clarification:

You can't actually spend your _entire_ life in the US and not be a citizen, since if you're born there you're a citizen. Still, though, the general idea holds.

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Re:For Chinese Home Buyers, Seattle Is the New Vancouver by klipt on Tuesday May 09, 2017 @06:20PM (#14304322)

Actually there are exceptions. You could be a child of diplomats in which case you can be born in the US but not a citizen.

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Re:For Chinese Home Buyers, Seattle Is the New Vancouver by flamedoge on Monday May 08, 2017 @02:13PM (#14294114)

you can hold certain visa status or GC indefinitely. I know GC is renewable every 10 years.

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Re:For Chinese Home Buyers, Seattle Is the New Vancouver by CalRobert on Monday May 08, 2017 @04:48PM (#14295455)

Indeed. That was the point of my comment.

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