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It seems unsustainably expensive. It seems like with inflation continuing to increase, demand for buying houses will have to go down because people will have to prioritize food. I'm just a girl with very little basic understanding of the economy, what happens to the housing market if inflation continues?

It seems unsustainably expensive. It seems like with inflation continuing to increase, demand for buying houses will have to go down because people will have to prioritize food. I'm just a girl with very little basic understanding of the economy, what happens to the housing market if inflation continues?

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[–] • 3 pts

With all the border jumpers needing housing, I don't see the housing market tanking unless we have a scenario like we had in 2008 where banks were making loans to people who couldn't afford the payments. The rules were tightened after the last fiasco so that it wouldn't happen again. But who knows what the banksters are trying to get away with. with all the money managers getting into the real estate business, I doubt they are willing to lose their investments. doesn't mean it won't happen but none of them are psychic and they bend to the will of congress. There are cycles in the housing market and who knows what the next cycle will bring.

[–] • 2 pts

The construction industry is one of the big reasons we have border jumpers. Without invaders needing the government to give them houses the construction industry would be a lot slower.

[–] • 1 pt

absolutely right. In the south, 95% of construction workers are border jumpers. Jefe is the only one that speaks (broken) English. Most are peaceful and just trying to earn a living . but it still impacts the 5% trying to earn a better living, why pay more when you can get the labor for a couple pesos.