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Tension between the U.S. and China has spilled into the U.S. real estate market, with specific concern about the ownership of American farmland. There’s new legislation by two House members that would prohibit the purchase of farmland by Chinese citizens. There’s also an increasing number of states that are approving or considering similar limits or bans, including one that’s creating a lot of controversy right now in Texas.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   As a headline in Fortune warns: “Forget the Chinese balloon – selling farmland to foreign nationals is the real worry.” You’ve probably been following the balloon incident. It was first spotted by a cattle rancher in Washington state, although defense officials said the next day that they were tracking what they suspected was a Chinese spy balloon. (1)   Chinese Surveillance Balloon Shot Down   U.S. officials allowed it to float all the way across the U.S.