Imagine being so fed up with propaganda to the point of believing that immigrants are causing the housing market prices to go to the moon, completely ignoring the companies, trust funds and banks essentially repeating 2008 all over again, but slightly different, buying houses and apartments as “safe investment”
Please correct me if I’m wrong, and IANAL, but my understanding is that to own land (which would contain a house), in a country, you need to have a contract with the government where the land is, thereby identifying yourself as a foreigner.
It would seem that if this insane claim was actually a problem, where foreign persons were buying homes and then living in them, illegally in the USA for an extended period of time, that such a problem would be easy to solve?
“This home has been occupied by a Spanish speaking family, and it’s owned by a Mexican citizen” would be a good reason for border services to go knock on the door and be like, who the hell are you people and do you have the legal right to be in the country?
IDK, but it feels like a problem that would fix itself.
Also, most illegal immigrants are fleeing their country with little more than the clothes on their back, nevermind enough cash to buy a house. I’m sure some rich people can do this but are they really the problem? If they want to live in the country and spend their wealth here, why would we want to stop them?
Do you think that making immigration so difficult so that you create an underclass of workers below your citizenry you can domestically super-exploit for super-profits is causing housing issues?
Do you think that allowing millions of illegals into the country puts no pressure on the housing market?
Imagine being so fed up with propaganda to the point of believing that immigrants are causing the housing market prices to go to the moon, completely ignoring the companies, trust funds and banks essentially repeating 2008 all over again, but slightly different, buying houses and apartments as “safe investment”
Please correct me if I’m wrong, and IANAL, but my understanding is that to own land (which would contain a house), in a country, you need to have a contract with the government where the land is, thereby identifying yourself as a foreigner.
It would seem that if this insane claim was actually a problem, where foreign persons were buying homes and then living in them, illegally in the USA for an extended period of time, that such a problem would be easy to solve?
“This home has been occupied by a Spanish speaking family, and it’s owned by a Mexican citizen” would be a good reason for border services to go knock on the door and be like, who the hell are you people and do you have the legal right to be in the country?
IDK, but it feels like a problem that would fix itself.
Also, most illegal immigrants are fleeing their country with little more than the clothes on their back, nevermind enough cash to buy a house. I’m sure some rich people can do this but are they really the problem? If they want to live in the country and spend their wealth here, why would we want to stop them?
The whole argument is nonsensical to me.
I think the impact from illegal immigration is a fraction of a fraction of the impact from letting VC ‘invest’ in housing.
Do you think that making immigration so difficult so that you create an underclass of workers below your citizenry you can domestically super-exploit for super-profits is causing housing issues?
If capitalism worked, then those workers would be a flood of cheap labor that could be used to build cheap housing (among other things).