this is a blurb from a real estate sight stating this: as an example!
After years of saving up for a down payment, Mexican immigrant Maria Gonzalez, 33, and her husband finally moved out of their Chicago-area rental apartment into their own four-bedroom, two-bathroom house in the city. It wasn’t easy—she works in sales and he owns a mechanical shop, and money was tight. But they managed to put down about $14,000 and got a mortgage for the rest of their $230,000 single-family house. They closed in March.
And now the couple, who have been in the U.S. for 15 years, fear they could lose their home at any moment if one or both of them are deported. Gonzalez, whose name has been changed to protect her privacy, overstayed her tourist visa years ago. Her husband is also living illegally in the U.S.
“These are very difficult and scary times,” says Gonzalez through a translator. “We don’t know what’s really going to happen.”
------So direct cause and effect point blank. IF SOMEONE who is illegal can buy a home and keep home prices increasing yet then have to foreclose or ??? they have a massive effect on the pricing/location of real estate markets and values.
So don't be thinking that 'a class of people' don't effect the entire countries economy, it sure does happen that way.
Not saying all this is 'bad' but a 'chat on it shows' some real darn economic and real estate proofs. Not all illegals are sitting home and 'not effecting the markets' of everything around those services they use and interact.
They can purchase, keep the real estate market thriving and increasing at the same time having issues of their own oboviously thru it all for country and personal but in the end, all is effected point blank in the entire system. Not a doubt on that.