Real estate and jobs under dark days?
By Mahesh
@clairvoyant (39)
October 15, 2026 11:25am CST
In USA massive migration going on along with ICE deportation and also the temp workers are leaving. So the mortgage based homes are going to be left overnight. And other nations where the public goes back there you would find the prices raised overnight. Either way massive bloodbath is coming in for entire world.
IT is going to have tough times as the jobs shrink. so does other business who serve that population.
Tough times indeed..
3 people like this
3 responses
@snowy22315 (214113)
• United States
15 Oct
Most illegal immigrants don't have mortgages. Our inflation here is high by our standards, but not by the rest of the world.
2 people like this
@LadyDuck (504893)
• Italy
15 Oct
@snowy22315 You are right, your inflation is nothing compared to many south American countries (Venezuela 387% in 2026) and African countries (Sudan 75%). The EU inflation rate is at 3.8% as of September 2026, 4% in the US.
1 person likes this
@snowy22315 (214113)
• United States
15 Oct
@LadyDuck They just said in the news it is 3.7.
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@LadyDuck (504893)
• Italy
16 Oct
@snowy22315 - More or less the data I have read in our newspapers.
@Nawsheen (29001)
• Mauritius
15 Oct
There is definitely a lot of uncertainty ahead. When people leave, it affects not just housing but also local businesses and jobs. The ripple effects can be felt across many sectors and countries. Hopefully, the situation will stabilise before too many people are affected.
1 person likes this
@Nawsheen (29001)
• Mauritius
20 Oct
@clairvoyant I hadn't really thought about the mortgage side of things. Imagine spending years working, buying a house and settling down, only to face the possibility of having to leave the country. What happens if you can't sell your house or find someone to rent it? You could end up with a huge financial burden. And you are right, local businesses that depend on these families for customers would suffer too. I wonder whether the authorities have considered all these consequences.
@clairvoyant (39)
•
17 Oct
I was watching bloomberg report massive migration of H1B workers has kept many houses in mid of the mortgage and also the jobs depend locally on them are going to get hurt too.
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@clairvoyant (39)
•
17 Oct
Housing mostly affects business rely on workers. manufacturing banks and others remain untouched.
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