Posted on 05/15/2026 5:20:50 AM PDT by Twotone
FHA loans to non-permanent residents quickly grew to represent 6% of mortgage issuances. The percentage was undoubtedly higher in places like the DFW area, where H-1B visa holders are disproportionately concentrated.
I don’t have anything against people in America on H-1B visas. I’ve said it before—and I’ll say it again—that I’ve found many of them to be great people on an individual level, and I wish them all nothing but the best. Individual immigrants—especially those here legally—are not at fault for flawed US immigration policy.
But this might be the most radicalizing thing I’ve ever seen. Not only are American workers forced to compete for jobs, they’re also forced to compete in the housing market against people bringing 0-3% of a house’s cost to the closing table, versus the 10-20% most people have to pay.
First, companies import mass numbers of H-1B visa holders, largely in "back office" white-collar fields like IT and accounting. This essentially imposes a lower ceiling on domestic wages in these job categories.
Next, these workers—who are generally concentrated in certain geographic areas—create more demand for housing (especially in good school districts), driving up home prices and the cost of living.
Then, to top it off, they don’t even have to save up money for a down payment. They can close on a $500k house with $0-15k plus a 97% FHA loan. Meanwhile, ordinary American families are forced to come to with $50-100k for the same down payment.
(Excerpt) Read more at x.com ...
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"Every day since Trump got elected there's another headline like "illegal aliens BANNED from accessing nuclear codes" or "MS-13 LOSES diplomatic immunity" and you're like wait they were allowed to do WHAT?"
It’s too bad nobody will ever be held accountable for this crap, and the next Democrat administration will just hit the resume button and start it all over again.
Most first homebuyers have opportunities of zero down on many programs. However, the area is this is affecting our typically democratic areas and they did it themselves. I’m having a hard time with you whoa is me article.
The answer is in COMPREHENSIVE immigration reform. Heard it somewhere early and often like a broken record.
Next time, the Democrats will open the border, make them citizens and do away with the Electoral College cementing their power forever.
Illegals that vote the wrong way will be deported and replaced with those that vote the "right" way.
Democrats are willing to help any enemy with an invasion any way they can and as often as they can.
NEVER TRUST A DEMOCRAT it’s your last move if you do.
No non-citizen should get government-backed loans.
H-1Bs allow companies to prove they aren’t racist.
They are cheap, too.
In IT we call them Curry Mumblers, $50 bucks and hour for work a US competent engineer does for $85. You get what you pay for. I like AI is putting most of them out of work.
“versus the 10-20% most people have to pay”
My mortgage on my first house originated 44 years ago was an FHA loan.
The problem is that aliens with temporary/tentative status were/are given low downpayment mortgages whereby removal would be costly to a US entity or to US taxpayers.
Every country exists only for its citizens—not its companies.
Yep. Americans are tired of paying for Indians to colonize our country. The $100K fee on H1bs was a good start. Now clamp down massively on OPT visas. Also clamp down on banks offering better terms to foreigners than they offer to Americans for home purchases.
The $100k was a bait and switch one time fee that was not retroactive to applicants. It was falsely advertised by Lutnick as an annual fee that was retroactive to existing H1Bs. It has done nothing to stop the importation of these filthy pagans.
How about sending billions to German investors for the last Federally insured mortgage scam? There does not appear to be anything government can do legally. Yes legally because if you or I did anything like our government, we would be cell mates 😂
The $100K fee applies to any new H1B applications but is not retroactive. So it doesn’t get rid of the ones already here - they didn’t want to pull the rug out from under companies and penalize them for what they already did - but it has drastically reduced new applications. Since they’re good for 3 years, this will gradually get rid of the vast majority of them over the next couple years. I can live with that compromise. Those jobs will start going to Americans like they should have all along.
Globalist RINOs love cheap labor and the H-1b visa.
The answer is no immigration PERIOD.
Evil layered on top of evil.
H‑1B visas have likely fallen by about 25 percent.
"The State Department hasn’t been totally transparent about the effects of the fee, but in one court filing, it implies it led to an 87 percent decline in petitions for workers outside the United States. H‑1B visas had already declined somewhat by September, so a reasonable estimate would place current H‑1B visa issuances down by about a quarter. Since the fee only applies to new petitions approved after September 2025."
https://www.cato.org/blog/trump-has-cut-legal-immigration-more-illegal-immigration
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