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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (6929)11/18/2002 7:59:14 PM
From: MulhollandDriveRespond to of 306849
 
>>For one thing, the H1B immigration group is no longer relevant - companies just outsource those jobs to remote locations now. Thats a huge group of immigrants right there.

They always make those growth projections at the top of cycles, I find.<<<

hi lizzie..

i think the diminishing level of H1B immigration would further my hypothesis...

the immigration (legal and illegal) will continue but unless there is a substantial number of well educated high income earners in that group....the drag on the overall economy...welfare, medical costs....rises. along with the demand for low cost housing...<gee what's that?>



To: Lizzie Tudor who wrote (6929)11/18/2002 9:06:26 PM
From: John ChenRespond to of 306849
 
Lizzie,re:"H1B...out sourcing". This is only the 1st
inning of a 9 inning games, baring any overtime.
At least we get to keep the high-paying jobs.



To: Lizzie Tudor who wrote (6929)11/18/2002 10:06:56 PM
From: David JonesRead Replies (1) | Respond to of 306849
 
...PS a real estate segment on CNBC said San Francisco is 17% overvalued and NYC is 45% overvalued! Anybody hear that? Interesting....

So San Francisco is the better buy.


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