Does illegal immigration have an effect on how fast real estate prices have gone up?

Question

Just curious.

Answer 1

Suppose the population of California dropped 5%. That means vacant apartments. Prices come down with competition. Renovation takes place to upgrade. With less incentive to move from cheap apartments to houses, the prices will drop. Give amnesty to 10% of the population, Section 8 goes up. Landlords can find renters without improvements. Houses look attractive to renters and prices go up.

Answer 2

Probably, yes.

Actually, almost certainly yes. Even though the demand is at the lower level, it pushes things up, as people stretch to get better, and then get more wealth because prices of what they bought go higher.

However, even though there might be a flattening of real estate values if illegal immigration were stopped, it would make houses more affordable for our children. So even there there would be a silver lining.

Answer 3

On The Contrary

Im SURE That ILLEGAL ALIENS Have Contributed
To The DETERIORATION Of Suburban Property Values
And The Pollution And Destruction Of Many Urban Areas


Bringing Property Values DOWN

Answer 4

As much as it pains me to admit illegal immigrationn doesn't affect something..because I am very anti-illegal immigration..I doubt it has an effect in raising real estate prices. You could post a few different questions and my response would be much, much different though..lol

Answer 5

No. They are totally unrelated. Easy credit and the lower interest rates caused a huge bubble in real estate prices. Now that the fed adjusted the prime interest rate over the last year that expansion has slowed somewhat.

Since urban and suburban housing has peaked in value a lot of investors are throwing their money in property in growing rural areas.

Answer 6

First, Mexico and maximum significant and South American international places devour an rather good type of gas, so inspite of if the unlawful extraterrestrial beings were no longer right here ingesting it, it may be ate up elsewhere. and when you consider that oil is a global commodity, call for for it would want to ought to bypass down heavily in the USA for it to remember. yet when all we do is shift human beings round, the shrink in the US might want to recommend a upward push in Mexico and elsewhere, so it doesn't artwork the way you envision. also, evaluate each and each of the unlawful extraterrestrial beings that likely artwork at gas stations. they could be paid decrease than if human beings were operating there. If each and each of the illegals operating at gas stations all were given paid one or 2 more effective funds an hour, gas expenditures in the USA might want to improve to atone for the more effective fee of doing organization.

Answer 7

No. Because most illegal immigrants are not buying condos.

They're not competing in the same housing markets, for rental or purchase. So, they really don't have any significant effect on those markets.

Answer 8

No. Illegal immigrants aren't buying property. Ownership of real property becomes public record, something illegals can't afford to chance.

Answer 9

Nah dont think so.

Answer 10

no, of course not!