Foreign Buying Impact On The US Housing Market

Video: "How could Sen. Schumer's plan to sell homes to foreign investors in exchange for a visa change the housing market for average middle-class Americans? My husband and I are waiting to buy our first house here in Orange County, CA. When would you buy? Would you?"

Related: Lennar (LEN), KB Home (KBH), D.R. Horton (DHI), Pulte Group (PHM)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.