Trump confirms he will declare a national emergency and use the military to facilitate mass deportations of illegals.
(twitter.com)
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Good News! I live in a state that is a Sanctuary state. People who need housing can't find affordable housing. The prices have skyrocketed, and the rentals are still few. When the government is no longer subsidizing these invasive squatters,the prices should settle down.
What's going to be a real trip is what happens to property values in places like the whole of Southern CA. Everything is going to crash but, with how many illegals we have, the housing prices will never recover.
In addition, the labor market is going to be wacky for a long time, especially in deep blue areas. Maybe all those government employees at take all the jobs left behind by the mass exodus.
I don't think the housing market will crash that much. There are so many buyers who can't get their foot in the door because there are so few homes for sale. It may slow it down, so buyers have time to get their homes sold. I think it will normalize it more. It's an artificial market right now...it is being manipulated by?? Blackrock? and others. Oklahoma had to make a law against corporations buying homes. We will have a price adjustment...but we are heading that way anyway.