Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (6009)	5/10/2004 4:07:28 PM
From: Elroy Jetson	Read Replies (1) of 116555

Keep in mind that for better or worse immigrants to America are heavily weighted toward those with low-skills and few assets. How many $850k starter homes are going to be purchased by busboys, car wash workers and parking valets? In spite of high levels of immigration into the U.S., residential rents continue to decline. Nations like Australia give preference to high-skill or wealthy immigrants which has resulted in a different type of society. home.pacbell.net home.pacbell.net home.pacbell.net home.pacbell.net

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