The Mudcat Café TM
Thread #102499   Message #2446446
Posted By: Riginslinger
21-Sep-08 - 08:59 AM
Thread Name: BS: Crash of U.S. Economy
Subject: RE: BS: Crash of U.S. Economy
"Besides that, the number of 'illegals' buying property is probably pretty small since they are working below minimum wage and sending most of it home."


                     dianavan - Yes! I would agree the number is small. But back to the point--if the forclosure rate is 8.6% in Dayton, Ohio, and 8.7% in Stockton, CA, I think the difference could be accounted for by illegal aliens buying homes.
                     In addition to that, the last thing American needs right now is for some illegal alien to be working here and sending his/her money out of the country.