An economist from Trinity College, Cambridge has shown that low income immigrants lower home prices when they move into a neighborhood. The reason is that there is often an offsetting out-migration by wealthier residents. (Read the article here)
Filipa Sa, the researcher, found that for a one percent influx of immigrants, there was a linked 1.6 percent drop in property values. For home builders and realtors, however, the more persons there are arriving in the country and seeking housing, the better it is for them – but this study shows that does not make it better for established residents.
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Dave, I live in Houston Texas, which just earned the title “Most Diverse City” in the USA. I think just a few short years ago this would have been a huge accomplishment for this city for it would have meant that we had attracted the brightest, most educated people or at least, the most eager to contribute…the best that each country has to offer.
But instead it means that this city has created a safe haven for thousands who have no desire to become Americans by assimilating or to even live the American dream…but have illegally entered armed with the knowledge of how to work our system, and how to demand rights undeserved with an arrogance previously unknown to our citizens for this rude obnoxious entitlement attitude was never a part of our new arrivals who made becoming an American a priority. Who may have maintained their homeland culture in their own homes, but never demanded that we accommodate and conform to what they had left…
Diversity is divisive.
There would be no need to travel to AZ to see the devestating effect that Hispanics have brought to hundreds of communities all over the US. The only need to travel to Prince William County VA. I would like to take them to Woodbridge and then head out to Manassas around 7:00pm one evening so they can see all the overcrowded homes in those communities. Many of these homes have up to 7, 8, and 9 cars parked in front of what is called a single family home. Both the County and City of Manassas are not enforcing the zoning codes that are in place for the good of all. You can drive down any street and see cars parked on the lawn, fences down, uncut lawns and 99% are immigrant homes. Hispanics rent out every single available room. The cram kids in one room to include both boys and girls which is against the law. Not saying their bad people but they make terrible neighbors. I mean I never saw corn growing in a front yard until 5 years ago. The 7-11 in Yorkshire by the Trailer Park has dozen of so day laborers loitterin there every day under the “NO LOITTERING SIGN”. Wake the hell up America. We are importing poverty and our Liberal Legislators are giving away the house to uneducated/unskilled immigrants with many being in the Country Illegally.
Because illegals vote.
Because illegals vote left-wing.