Editor’s note: The threat posed by the Chinese Communist Party through Chinese entities purchasing real estate in the U.S. is real, especially when property is located next to critical infrastructure or military installations. Enacting prohibitions on real estate sales to foreign adversaries is long overdue. The reforms now being contemplated in Congress and in state houses nationwide are attempts to keep pace with growing threats from China and other malign actors. Properly calibrated, such tools can address those threats while protecting the private property rights that underlie U.S. vitality.
What follows is a lightly edited excerpt from the new Heritage Foundation report by Bryan Burack, “China’s Land Grab: The Sale of U.S. Real Estate to Foreign Adversaries Threatens National Security,” which was released on Thursday. The full report can be read here. (Heritage…