The number of home buyers is currently about half that of home sellers and about 82% less for condos. I call this good news because in spite of all the economic reasons given for this huge downturn in home sales, I think it’s mostly because illegal aliens are leaving the country.
Many are being deported while others are getting the hell out before they’re arrested and imprisoned for their crimes committed here. Hispanic gang members are heading for home while they can, as the wars grow against their gangs in their home countries, because they’re safer from imprisonment there than here. When our government deports them, it’s into the hands of the police.
The massive influx of illegals into our country encouraged and allowed by the last administration had of course inspired a massive housing construction response. Houses and apartment buildings were built and sold to illegals, or rented to them, and with illegals leaving the country now by the hundreds of thousands, they’re a glut on the market and housing prices have dropped way down again.
Since I don’t plan to sell my home, I care less what the market value is. What matters to me is less Mexicans, Bolivians, Somalians, Nigerians, Haitians, resulting in less crime, less assholes to deal with, less assholes on the road, less assholes who don’t speak English worth a shit that I have to deal with at service counters.
So yeah, you bet. Tell me that no one is buying a home any more. Make my day.