Speaking of illegal immigration:
http://www.qando.net/details.aspx?Entry=6193
Arizona is one of the states where the housing bubble has been a major factor driving residential over-building. There has been a cushion in the loss of construction jobs, now that the bubble is burst, because so many of the laid off construction workers were illegal aliens. If there is indeed a mass exodus of illegals from AZ, however, this will further depress the demand for housing services, which will make the downturn more severe, and longer lasting.
The upside to this, of course (unless you happen to be an owner-occupant resident of AZ), is that housing will be cheaper for new-comers.
Arizona is one of the states where the housing bubble has been a major factor driving residential over-building. There has been a cushion in the loss of construction jobs, now that the bubble is burst, because so many of the laid off construction workers were illegal aliens. If there is indeed a mass exodus of illegals from AZ, however, this will further depress the demand for housing services, which will make the downturn more severe, and longer lasting.”
The downturn in housing is much more due to the creative mortgages that many people got sucked into.
That has NOTHING to do with who is weilding tha hammers when building the houses.
Besides the meat industry, I predict the next place for ICE to do their raids is in the Mfgd Housing companies and the same companies build RV’s. Fleetwood is one of the biggest abusers. I have been told that their mfgd house plant in Fairfield Calif is employing more than 80% illegals.