HOUSING HASN'T EVEN BEGUN TO BUBBLE:

Gallup Poll: 6.2 Million Mexicans Dream of US Life: Three times more Chinese and Indians Desire the same (David Sabatini, 6/07/10, The Epoch Times)

President Obama’s approval rating is waning within the Latino community for not doing enough to promote comprehensive immigration reform in Congress. Yet a recent Gallup survey revealed that over 6 million Mexican adults expressed a desire to move permanently to the United States if given the opportunity.

The compelling number of people who wished to resettle in the United States represents almost half of the adult population of Mexico. [...]

China, India, Nigeria, and Brazil among others would send significantly more migrants to America than Mexico, according to the Gallup estimates. After telephone and face-to-face interviews with 347,713 adults in 148 countries between 2007 and 2009, Gallup estimated that approximately 22.9 million people would come from China, more than 17 million migrants would arrive from India, and 16.6 million from Nigeria if given the chance.

Countries such as Ethiopia, Bangladesh, and Brazil would also send more migrants than Mexico, according to Gallup.

We have nothing like the housing stock that our population growth requires.

Posted by Orrin Judd at June 7, 2010 6:02 PM