re: Would you support a ban on foreigners purchasing residential US real estate?

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The only glimmer is wisdom in this communist manifesto is an inference to tax law changes, the only one of which would make sense, is to stop allowing companies to write off depreciation unless they've actually taken a loss to depreciation, as in, if they bought a property 10 years ago for a million, then sold it for only 900,000 ten years later because of actual depreciation, then a $100k loss is a legitimate write off that tax year.

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Personally I am of the opinion that corporate taxes should be 0% across the board because at the end of the day consumers pay 100% of corporate taxes in the price structure of every product and service they purchase...you ain't staying in business long if your sells do not produce enough revenue to meet your nut including all taxes. It would also preclude, ideally, the picking of corporate winners and losers through tax policy. Investing in real estate, however, is an exception to this, again in my humble opinion, because real estate speculation can negatively impact a basic need for human survival. While there should be NO law or regulation preventing real estate speculation there certainly ought not be any law or policy which makes it more attractive than the market would dictate. Shelter is necessary for survival...in a capitalist economy there is no legitimate means of controlling market forces even on basic necessities....but there sure as hell ought not to be policies and regulations which increase the costs of those basic necessities.