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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bentway who wrote (18323)3/9/2004 1:26:01 PM
From: Lizzie TudorRead Replies (1) of 306849
 
I think the job market which will be decimated by the mexican immigration plan is construction. Construction in the US is a high paying blue collar job.

You would think that as all these professions get McJob'd we'd see deflation, and things would work themselves out. But in 3rd world countries there tends to be high asset prices with no labor pricing power. So housing prices could stay high, who knows.
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