[Dec31,1999]

In essence, then, the American home is a bulwark for the economy. As long as housing values stay high, the nation is sheltered from a detonation of the debt bomb.

As long as immigration keeps rising, the housing market will sustain home values. It's a matter of supply and demand.

[dtel]

I am sure there are not too many illegal aliens buying 200K homes.
They tend to settle in the older run down sections of town.
Unless you own real estate in these areas, I wouldn't look for too many illegal alien buyers.

[FITZ]

As long as immigration keeps rising, the housing market will sustain home values. It's a matter of supply and demand.

Not necessarily. In this border region, we've got extremely high immigration, no jobs, many immigrants live 3-4 families in one run-down house or housing project apartment. Over a third of the families here are on some kind of welfare program and many houses in the city are sitting empty. If you look at the statistics of the Texas and New Mexico border counties, you'll see alarming poverty rates and the only way most will buy houses if whent he government gives them the money to do so.