What type of housing problems are in the future due to the increased border crossings
#2 Contractors Contributor
- Severna Park, MD
Right now , rates are higher than they have been in a while . prices are up on Real Estate around the country . Insurance rates , rents , utilities are higher . Now there are an estimated 5 million people who have crossed the border . Well they will need a place to live ( besides hotels ) .
Without a job , or a credit report and all the other necessary info they cant pass a background check .
Will the government make it illegal to do back ground checks ?
Many more questions to be asked , but those are the basics .
To put this into some perspective , Baltimore has a population of about 650,000 . At one time in the late 50s it was around 1 million . How do you think this will affect landlords , and investing in general .
Try as hard as possible to leave political parties out of this , but general politics for a region should be ok .