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A comment on Buy a home, get a US visa, Senators propose. Parent comment

Re:Buy a home, get a US visa, Senators propose by sixtofour on Thursday October 20, 2011 @02:02PM (#3135998)
The $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.
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Re:Buy a home, get a US visa, Senators propose by lallysingh on Thursday October 20, 2011 @02:05PM (#3136016)
"'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.

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Re:Buy a home, get a US visa, Senators propose by jhamburger on Thursday October 20, 2011 @02:22PM (#3136119)
In theory if high-end prices go up, it should have a cascading effect with lower-end prices going up to fill the vacuum.
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