Put the Housing Secretary on the foreign investment committee
What the document says“The President should issue an executive order making the HUD Secretary a member of the Committee on Foreign Investment in the U.S.”
The chapter frames this as gaining broader oversight to address foreign threats, particularly from China, over foreign ownership of real estate in both rental and ownership markets for single-family and multifamily housing, noting the value of real estate secured across the department's portfolio.
What the document actually says“The President should issue an executive order making the HUD Secretary a member of the Committee on Foreign Investment in the U.S.”
Sign an order putting the housing chief on this committee. It reviews foreign buyers.
A committee checks when foreign buyers want American assets. The book says the housing chief should join it. The worry is who owns American homes.
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