“I am more and more convinced that many of the foreclosures are related some how to illegal immigration, at least in Calf. Az, Nv. and Fla. Look at the maps provided by
http://www.realtytrac.com/?a=b&accnt=174340";
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The numbers seem to back you up. “Legal” immigration is another problem because no one is properly vetting these people.
By the numbers
More than 1 million people became citizens in 2008, with 780,000 taking the oath of allegiance in the first 10 months, according to preliminary figures from the Department of Homeland Security.
In 2007, 660,477 people were granted U.S. citizenship.
Leading countries of birth of new citizens were:
Mexico (122,258), India (46,871), Philippines (38,830), China (33,134) and Vietnam (27,921)
Largest number of people naturalizing lived in:
California (181,684), New York (73,676) and Florida (54,563).
SOURCE: Office of Immigration Statistics, Department of Homeland Security
http://www.news-journalonline.com/NewsJournalOnline/News/WestVolusia/wvlHEAD03WEST012209.htm
I agree re foreclosures being greatly related to illegal immigration. In Southern California alone, many hispanics moved to homes in Antelope Valley (Lancaster/Palmdale) and the Riverside/San Bernardino County areas. Along with them went numerous blacks and some others...
In huge numbers these are the homes being “lost.” They were never expensive compared to other So. Cal. homes, but they were obviously still too expensive for those who never had any business getting “loans” in the first place.
Many times the vacant homes were trashed before occupants left — they took various fixtures with them, ripped from ceilings and kitchens. It’s deplorable and I’d be happy to help deport the illegals and otherwise deal with the rest of the unseemly former “homeowners.”