In addition, the Administration is proposing changes to the Foreign Investment in Real Property Tax Act (FIRPTA) aimed at enhancing the attractiveness of investment in U.S. infrastructure and real estate to a broader universe of private investors.

WHITEHOUSE: The White House

The actual process of buying or selling property is quite fascinating, with the vast majority of the laws governing the real estate sector firmly rooted in the 19th century (Transfer of Property Act 1882, and the Indian Stamp Act 1899) with little updating done to reflect the realities of the modern era.

FORBES: India's Real Estate Boom Yields Suitcases Full Of Cash

"Having property developers turn to trusts should act as a limit on overheating of the real-estate sector simply because the higher cost of capital leaves them with less options, " said Mr. Gleave.

WSJ: China's Lending Spills Over Limits