Immigrant policies could hurt housing market - In Prince William County, some Hispanic families have been walking away from their homes.

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Posted on: October 8th, 2007
Filed Under: [ Hispanic News ] [ Top Stories ] [ Real Estate ] [ Virginia ]

“New anti-illegal immigrant policies could worsen an already weak real estate market in Prince William County, agents and mortgage lenders say.

“If I’m not welcome somewhere, I’m going to sell my house,” said Jose Luis Semidey, a real estate agent whose business in the county shut down in August when he laid off 40 employees and moved the company to Reston.

He said efforts to deny certain public services to illegal immigrants “have accelerated the collapse of the real estate market in the minority community.”"

Read more: http://www.roanoke.com
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