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 Foreign home-buyers wanted |
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Oct 24, 2011: Two US senators have proposed a plan to offer visas for foreigners buying homes worth $500,000 (£314,000) or more. Democrat Chuck Schumer and Republican Mike Lee, are sponsoring a bill, say it is a move to improve the housing industry.
The proposal is similar to an existing Green Card program for foreigners who invest at least $500,000 in an American business that... |
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| A sluggish US house market weighs down economy |
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Feb 17, 2011: US home-builders have not been able to improve their profits due to the still depressed housing market. The outlook for the coming year is expected to be fairly bleak with less home building meaning fewer jobs.
While construction work in the housing market now accounts for about 5 percent of the nation's private employment, figures have shown that the figure was closer to nine pe...
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| World Bank asks for land rights protection |
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Sept 12, 2010: The World Bank has asked governments to rally around local farmers and landholders to ensure their holdings are protected from local large-scale acquisitions.
A new World Bank study released this week said that with food and fuel prices creating incentives for large-scale land acquisitions, it had become important for governments and the international community to protect ...
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