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07/30/2007: "Immigrants bolster failing housing market"

With rising purchasing power, the nation's growing number of foreign-born residents are keeping the bottom from falling out. And amid slow demand from an aging and slow-growing native population, immigrants are fueling predictions of a rebound.

Assuming Congress doesn't impose further restrictions, immigrants — both legal and illegal — and their native-born children are forecast to provide the bulk of coming years' growth in homebuying demand, nudging the market back up and aiding the broader economy.

[ Corporate interests demand we sell the nation. Now that we've sold it, it has lost value -- much like the stocks we sell. It will need to be sold again, for ever-lower values, until people come along again who can restore its value. ]

http://www.chron.com/disp/story.mpl/front/5011559.html