Immigration & Housing Market

[1MoreSufferer]

According to Greenspan in business week, Realestate market will not go down as interest rates go up, because immigrants are going to support realestate at that time.

As I see more, may be that's is the reason they are delying issue of greencards, so that when the interest rates go up in next two years, they issue all these pending greencards and we struggle to buy these houses which are already overpriced and with huge interest rates.

Big consiparcy by the political leaders. Any comments?

 

[LaborApproved]

Wrong forum

This is an I-140 forum.

 

[myitneeds]

Keeping country's economy status in mind, they should issue GC's now , If they given GC's now, They will buy Homes from in the period of 3 to 12 Months ( most of them ).....( Irrespective iterest rates !! )
Economy will pick up... president will get credit....

instead of waitng for '2' years... to increase interest rates.....