4th
Selling Citizenship
One of the problems that US has in really pulling out its economic issues is a simple supply and demand issue with real estate. There are way too many homes/condos/etc. that were built in the economic run up to be soaked up by the market. This is especially true in places like Miami, San Diego, Las Vegas, Phoenix, etc.
One creative way to increase demand would be to sell a special type of US citizenship.
In order to “buy” citizenship you would need to pay some sort of a one time fee to the goverment and buy and hold a piece of residential real estate. If you ever sold that real estate you would either have to buy something else or you would lose the rights associated with this.
The reason that you might not be able to sell straight US citizenship is because of the tax issues that foreigners might not be willing to accept, that is where the special comes in.
A properly executed plan around this would bring in a lot of offshore dollars to the government, real estate and the surrounding areas in which these people purchase. I know a lot of foreigners who would be very happy to spend their money in the US and enjoy certain right we have as citizens but because of issues around immigration, taxes etc., they do not.
Would be nice to see some stimulus come from somewhere other then the federal reserve.
