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Chip Roy's bill would ban foreign adversaries from buying US homes
Rep. Chip Roy (R-TX) has filed a bill aimed at blocking individuals tied to foreign entities, including the Chinese Communist Party and Islamist extremists, from purchasing residential properties in the United States, pushing Congress to crack down on foreign ownership of American homes.
Titled “The Ban Chinese Communist and Islamist Home Ownership Act,” the bill was outlined in a press release from Roy’s office on Tuesday. It would prohibit foreign foes from purchasing U.S. homes, as part of a broader push among conservatives to counter what they describe as strategic infiltration of critical American assets through real estate markets.
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“American homes belong to American families — not the Chinese Communist Party, foreign Islamists, or our geopolitical foes,” the press release said. “While Americans struggle to afford housing, hostile regimes are buying up our land and neighborhoods. This bill slams the door on foreign adversaries owning American housing and forces them to sell what they already control. We’re putting America’s homes back in American hands.”