The San Diego County Board of Supervisors recently voted to reject a proposal introduced by Supervisor Jim Desmond that would have supported statewide restrictions on foreign investment in entry-level and single-family housing. The proposal focused on properties situated near sensitive military facilities and critical infrastructure. The measure failed in a 4-1 vote, with Desmond as the sole supporter.

Following the vote, Desmond stated on social media that he would continue efforts aimed at prioritizing local residents in the housing market. His proposal requested that the Board add support for statewide bans or limitations on foreign investment to the County’s legislative agenda. Suggested guidelines included a complete ban on purchases within 10 miles of military installations and key utilities, banning sanctioned foreign entities, and limiting the number of single-family residences a foreign investor could own.

Several states, including Florida, Texas, and Georgia, have enacted similar legislation restricting foreign real estate purchases, often tied to proximity to military sites. Supporters of these measures point to concerns related to both housing access and national security.

Board Chair Terra Lawson-Remer expressed interest in addressing opportunities for first-time homebuyers, but stated she could not support a measure excluding buyers based on country of origin.

Following the decision, the Pacific Southwest Association of Realtors (PSAR) released a statement referencing recent research from the California Association of Realtors and the National Association of Realtors. The studies indicate foreign purchases account for approximately 2.5 percent of California’s sales transactions, with many foreign buyers residing in the United States on visas or as recent immigrants. PSAR encouraged further discussion on expanding access to homeownership through increased development of entry-level units.

PSAR representatives emphasized support for private property rights, fair housing practices, and expanding housing supply. According to PSAR President Yvonne Cromer, the organization continues to advocate for homeownership as a pathway to stability and generational wealth. Cromer noted that challenges such as streamlining the building process and reforming defect laws remain priorities. She also stated that PSAR does not believe the rejected policy is necessary but acknowledged the importance of ongoing attention to housing issues.