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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (8112)1/16/2003 10:26:25 AM
From: J. P.Read Replies (2) of 306849
 
I don't mind jobs leaving the USA. What I mind is importing scabs from other countries to come over here and work for 1/3 the wage. Eventually, who is going to buy those 300K starter homes? You'll have the business owners living in 1M+ houses, and everyone else in foreclosure. I'm not saying today, but give it some time. And you'll have to keep recycling your imported workers because eventually they'll want a higher wage to live comfortably here.
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