▲ | liquid_thyme 4 days ago | |||||||
> who compete for housing with citizens when there is a shortage of millions of housing units. Are they underpaid, or are they swimming in cash to buy up all the expensive housing? Make up your mind. | ||||||||
▲ | toomuchtodo 4 days ago | parent [-] | |||||||
It can be both. Median price of a home is $400k. Homebuyers need household income of ~$117k to afford typical home in U.S. Their income from ther visa enables their buying power to compete against citizens. About 300k H-1B visa holders own homes in the US per FWD.US. Other comments in this thread speak to the wage suppression and lower wages. https://www.bankrate.com/real-estate/home-affordability-in-c... | ||||||||
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