“Stop bringing in H-1B”: Foreigners spent $56 billion to buy 78,000 U.S. homes in one year, MAGA breaks out | World News

The latest research from the Foundation for Government Accountability (FGA) has once again triggered a debate among American residents about the ownership of the “American Dream”, prompting severe criticism of the “American Dream”. H-1B visa There are calls online for the move to be halted entirely. Foreigners purchased more than 78,000 U.S. homes between April 2024 and March 2025, according to a March 2026 report titled “How to Stop Foreign Buyers from Killing the American Home Ownership Dream.” Foreign buyers will spend up to $56 billion on U.S. homes between 2024 and 2025, a 33% increase from the previous year, the report said, adding that foreign home purchases are becoming more common. A major concern raised by the report is the widening gap in purchasing power. Nearly half of the buyers closed the deal with an all-cash offer, something young Americans and middle-class families can’t compete with, according to Paige Terryberry, the paper’s author. Only 29% of U.S. buyers purchase all-cash, including only 8% of first-time homebuyers.

Who are these foreign buyers? Topping the list are Chinese citizens, who buy one in six homes and will spend $13.7 billion on U.S. homes by 2025. This was followed by 14% of Canadian buyers, who spent US$6.2 billion; and 8% of Mexican buyers, who spent US$4.4 billion. In fourth place were 6% of Indian buyers, who spent $2.2 billion on U.S. homes. More than 60 percent of those purchases were detached single-family homes, and 60 percent of nonresident buyers intended to use the homes as rental investments or as vacation homes. Although China topped the list, social media rhetoric was quick to target Indian buyers, who face rising housing costs and increased interest from U.S. households in buying homes in their own country, while facing stiff competition from foreign buyers. “It’s true. The vast majority of new home sales in North Texas are from Middle Easterners and Indians. The entire neighborhood looks foreign. I know because I live in one and see it in all the neighborhoods around me,” one user wrote on X. Another urged: “So stop bringing in H-1B visas and foreign students to our universities.” “There are two major groups of foreigners who are buying land and homes in Texas. Muslims are being funded by outside groups to build Muslim enclaves, while Indians are taking advantage of loopholes/loans. They then sell or lease it to their own groups. They had the main baby and immediately ordered a U.S. birth certificate as proof of citizenship. They know what they are doing,” claimed another outraged netizen. Similar to the report, many netizens called on the government and lawmakers to prioritize homeownership policies for Americans by banning or taxing foreigners. The findings and calls also form part of a larger agitation against immigrants buying homes in the United States. Earlier, a post claiming that 35,000 Indian-American families lived in Forsyth County, Georgia, sparked similar reactions in the online community, highlighting growing prejudice against Indian-Americans.