What makes you think they are all illegal? Our government has been handing out green cards left and right to these uneducated lazy individuals. I know of no less than 20 in my area who have been in the US for less than two years and already own home with NO income and they are getting food stamps and medical!
You don't think the 40 to 50 million illegals has an impact?
Blackrock and the masses of illegals are a one, two gut punch to the housing market.
Get rid of one and the market will be much better.
Get rid of both and housing would actually be affordable again.
It's true. Gotta cover both sides of that and it will have an immediate impact.
They should make it illegal for hedge funds to speculate on realestate.
You hit the nail on the head!
Sure they can. They use ITIN numbers instead of SS numbers.
Happens all the time and states like Calif were even providing mortgage assistance to illegals.
https://legalclarity.org/can-illegal-immigrants-buy-a-house-in-the-united-states/
What makes you think they are all illegal? Our government has been handing out green cards left and right to these uneducated lazy individuals. I know of no less than 20 in my area who have been in the US for less than two years and already own home with NO income and they are getting food stamps and medical!