IAmRobertoSanchez t1_izcikox wrote on December 8, 2022 at 2:26 AM

Reply to comment by Proxymal in Nearly 1 million immigrants became U.S. citizens in past year, the 3rd highest tally on record by CobaltEmu

Is it the new legal immigrants that are buying property above asking price? Or wealthy people / companies planning to rent them out to families like ours that can't afford to buy and can barely afford to rent?

Back to your original comment about new legal immigrants flooding the housing market and pricing you out if your houseing. Do you still feel that way after this exercise?

Proxymal t1_izcwhia wrote on December 8, 2022 at 4:19 AM

There's a lot more.to it than immigrants. But it's certainly not helping at least in my area. You have a great point though. I simply can't help but feel a little sour when part of the reason demand is so high along with rent is because people keep moving here and are able to move into a 2 bedroom with 8 people. My family of 4 including myself just can't keep up with the rising prices. A big part of it is of course that it's a nice place to live. There's housing out there that's not outrageous. But that's just not the case in my home town where I've resided for 31 years.