could an immigration reform help the housing market ?

[ibu guru]

Wrong on all counts. The US economy has not been growing fast enough to add enough net new jobs to accommodate only US-born entrants to the workforce for over a decade now. Any population growth rate of 0.5% or greater is impoverishing. US has the highest birthrate of any developed country. Even with ZERO immigration, ZERO foreign workers, the US would be in trouble due to high birthrate, & bad budgeting with excessive spending. Real (inflation-adjusted) wages are back down to 1967-68 levels, and it is SOLELY due to excessive population growth, high birthrate plus horribly high rates of immigration.

Did you know that a huge proportion of the housing meltdown was caused by legal immigrants & illegal aliens? A very large proportion of people who bought homes they could not afford (well over 25% of them!) were in fact not US-born, but were recent immigrants/illegal aliens. This was a major factor in the meltdown! With declining wages - which will take an additional massive hit if immigration is increased further or if immigration-law violators remain - fewer and fewer people will be able to afford homes as population growth pushes demand & PRICES higher! It's a disaster in the making.

Worse, economists estimate that with more than half of illegal aliens already collecting welfare, etc, legalizing illegal aliens will triple demands for their social services (welfare, etc) spending. Most of these people are poorly educated and have limited job skills. They are absolutely a drain on the US economy, so why would you want to triple costs while slashing wages further?

What you propose is economic collapse! Things are disastrous already with over 31 million Americans currently looking for work. How bad do you want to make things? There are NO benefits to citizens or legal immigrants by any measure which allows any immigration-law violator to remain in the US, only major, disastrous, negative economic consequences. In fact, so much damage has already been done, immigration should be immediately curtailed (better, total moratorium on immigration) until US birthrate declines @70%. Any population growth rate of 0.5% or more is impoverishing, and US is about 1.3% just on births, if there were zero immigration.