Drunk Real Estate E75. Trump’s Immigration Crackdown & Federal Reserve Power Play: Economic Impacts Unpacked
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Dec 5, 2024 Dive into the economic ripple effects of Trump's immigration policies and his ambition for more Federal Reserve power. Discover how these moves could impact industries like agriculture, construction, and hospitality, plus the potential chaos for real estate and housing markets. The hosts humorously dissect the intricacies of U.S. immigration while debunking common misconceptions. Will opportunity or chaos reign for investors? Join this spirited debate with a mix of expertise and witty banter!
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Jay's Immigration Story
- Jay recalls his experience with stricter immigration policies under Trump's first term.
- He highlights the significant drop in legal immigration during that period.
Illegal Immigration Encounters
- Illegal immigration encounters decreased significantly by June 2024 after policy changes.
- Current levels are comparable to those at the end of Trump's first term.
Growth of Immigrant Population
- US immigrant population grew from 4% in the 1970s to over 14% currently.
- This rapid increase causes social and political challenges regarding immigration policies.