Filed Under: [ Hispanic News ] [ Immigration ] [ Commentary ]
Knowledge is Power!
“One of the effects of the housing boom that has followed the dot.com bust of 2000 has been to draw hundreds of thousands of illegal workers to the United States. What will happen to this large illegal work force if the building boom busts?
Before answering this, the first question to address is whether or not a bust is likely. Many believe the tremendous building expansion is yet another bubble creation like the dot.com era - another illusion of wealth - but with larger implications because of the greater leverage involved.
On a recent trip to the Phoenix area, I could only wonder where so much water and energy were coming from to supply the myriad new subdivisions and roads that have risen - and are continuing to rise in the desert - since visiting five years ago. (I wondered too where all the people were coming from to fill the houses.)”
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