Impact of Donald Trump's immigration policy on the real estate market - many high-tech people who refuse…
Original publication date on the United States Real Estate Forum on Facebook:
2018-12-26T19:22:33+0000
Impact of Donald Trump's Immigration Policy on the Real Estate Market - Many high-tech people who refuse to accept immigration papers give up home purchases and cause these properties to fall in price
By his reckoning, the country's 40 million immigrants add $ 3.7 trillion to total housing wealth. In Houston's home county, the newcomers boosted the value of the typical home by $ 25,000 during the decade ended in 2010. Between 2015 and 2065, according to a Pew Research projection, future immigrants and their descendants will account for 88 percent of the US population increase, or 103 million people.
Why Trump's Immigration Crackdown Could Sink US Home Prices
In San Francisco, an Indian software engineer on a work permit canceled plans to bid on a $ 900,000 home. In Washington, a Brazilian nonprofit executive passed on a fixer-upper near her office. And, in Mesa, Arizona, a 24-year-old son of undocumented Mexican immigrants won the trust of a bank - a gr…
Link to the original post on the United States Real Estate Forum on Facebook - Works on a desktop computer:
http://bit.ly/2CXuCeZ
The original responses to the post can be read at the bottom of the current post page on the site or in the link to a post on Facebook and of course you are invited to join the discussion
I heard that at some point the high-tech companies would press him hard and he would drop a drop. We're closing a year since the tough cut and I do not see light at the end of the tunnel. I think the whole American market will be hurt and real estate will be a runaway because the US is a country of immigrants.
Following yesterday's post in the Seattle area