With millions of illegals flooding the US, rents are going up everywhere. Outrageously so. I heard on the news yesterday that the US has immediate shortage of over seven million homes.
Some cities and maybe some states limit the amount rent can increase but I doubt Alabama is one of them.
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In my state(Oregon) there are homes that homeless squatters takeover until removed, many of these properties haven’t moved since 2008-2009.
As far as foreigners, which are predominantly from Mexico, no large presence is noticeable if anything it’s receding.
The death rate for at least 4 years is higher than the birthrate, which has never happened since Oregon’s first census.
Also, a bunch of Boomers are going to be dead in the next 20 years, leading to the biggest transfer of assets in United States History.
Generation X while small demographically, should have a lot financial opportunities over the next couple of decades.
6 million illegals have come in over the last 3 years.