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

To: arun gera who wrote (36955)	8/4/2005 8:30:03 PM
From: Tradelite	Read Replies (2) \| Respond to of 306849

I agree with your statement: <<Actually, it is the legals who are probably getting subsidized by the illegals in other ways. >> I could offer countless examples of why I think this, but I'll just use one personal experience as documentation..... On the sidelines of a youth baseball game several years ago, I was talking with two people who are fairly prominent in the building industry. Both agreed that one thing which could cause the economies of affluent areas such as ours to implode would be the absence of workers willing to work for low pay. These workers can't afford the local housing, so why should we assume we will always have them to do the things our own kids won't even stoop to do? The logical conclusion would be: if our own lives get too uncomfortable because we can't hire competent help, why will WE continue to live here either? If we can't get someone to shine our shoes or clean our houses or mow our lawns or flip our burgers on the cheap, what's the point of living in an expensive area? I've never forgotten that conversation.