The Real Estate Espresso Podcast A Rush For The Exits
On today’s show we are going to look at what might be a rush for the exits.
When someone is deported from the US, they are barred from entering the US, even as a visitor for 10 years. So getting deported could be a big deterrent, something to be avoided.
Some people who enter the US are true refugees under the Geneva Convention’s definition of conventional refugees. These are people who are fleeing persecution on the basis of race, religion, sexual orientation, freedom of speech, and so on.
There are also many people migrating around the world for economic reasons. These do not meet the definition of refugee and they need to enter the country through the proper immigration channels.
As we know and has been widely reported in the news, the new White House administration aims to reverse the past four years of open borders by imposing a mass deportation of up to a million people.
I’m not here to comment on the merits of the proposed action. This is not a political show. It’s a real estate show. I’m here to predict at least one of the consequences of this proposed action.