posted on Oct, 19 2011 @ 06:24 AM
reply to post by Pervius
The true number now is around 24 million illegals have walked away from their mortgages. They bought and sold homes between themselves and fled
America with mega-Trillions.
Average mortgage $350,000....times 24 million illegals....you do the math.
I assume you are talking about wealthy Middle-Eastern professionals, right?
I worked among the Mexican and Central American immigrant population from 2001 to late 2008, as a social worker, and then as a supervisor. Those
people rented, or lived in the urban core's most dangerous and run-down areas. Working miminum wage jobs and taking in roommates to help ends meet.
And they worked HARD, for the most part. Harder than their US Citizen colleagues would even DREAM of workng. Sure, there were a few who were unsavory,
but in any group of people there will be, and the slackers and criminals were NOT living in mansions. Mostly they were homeless sofa-hoppers.
On what planet??
In the areas where those people lived, the prices are more like $35,000. Yes, 10% of your "average."
Just sayin'....don't blame the wrong people. And they DID pay taxes, as long as they were on payrolls, the taxes were taken out of their checks,
just like me, and they submitted returns, just like me.
Yes, they scrimped so they could send USD back home to their starving, wretched families. In that manner, lots of money crossed the border. But it was
NOT in the stock market or mortgage defaults.