There are several programs that let you 'buy' a Visa and adding another one for the low low price of '$500,000 to buy a home in the U.S.' is not going to do much for immigration or home prices.
The $500,000 floor seems to be a benefit for people who have $500,000 houses to sell. Doesn't do much for Joe Sixpack while he's deciding whether to stick or walk away.
"'Applicants can spend the entire amount on one house or spend as little as $250,000 on a residence and invest the rest in other residential real estate, which can be rented out,' the paper added."
