What is the easiest way to help the credit markets in America? Raising equity. What is the easiest way to raise a trillion dollars in equity for the depressed US real estate market? Giving a green card to any honest citizen from anywhere in the world who buys a home in the US for a minimum price of $500K without a mortgage. Why would a Russian, Chinese, Saudi, or any citizen from anywhere do this? Because having the possibility of moving to the United States to work with your family, even if you don´t take advantage of that possibility in itself is worth a lot. Now green cards have the disadvantage of global taxation even if the holder lives outside USA. That would also have to change for this offer to be attractive with the green card holders only paying taxes if they actually move to USA. The math is simple. 2 million buyers at bargain US prices would generate 1 trillion dollars in equity.

Follow Martin Varsavsky on Twitter: twitter.com/martinvars

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