Governor Abbott in Texas has declared an invasion and is deploying the National Guard to stop the endless flow of illegal immigration. Unfortunately, so many have gotten in that entire new towns are being built to the tune of 20-40k residents in unincorporated Texas communities. This also comes amidst housing and shelter crises in major metro areas where illegals, often from Africa and Asia, not even Central/South America, are filling up space like never before.

We are already in dire economic straits in some capacity, housing bubbles, and the like. What does this surge of illegal migrants mean for the economy, for Americans who are trying to buy a home and for the real estate market that’s already stretched in general?

Today, we’re going to talk more about it with my good friend, economics, and real estate expert Scott Scheel. Scott has been a recurring expert on this channel and is one of the most trusted names in business investment I’m aware of.

Highlights:

“The illegal immigration candidates aren’t necessarily out there driving the housing market, but what they are doing is they ‘re causing a disruption within the supply.” - Scott Scheel
“In commercial real estate, the income that the property generates creates the value.” - Scott Scheel

Timestamps:

[02:00] How this seemingly endless flow of people will affect the housing markets in the near future

[08:53] Is the unprecedented level of migration fair to Americans trying to buy homes

[13:18] How to be succesfull in commercial real estate in spite of globalist challenges

[21:14] On the resources Scott is offering for you to build generational wealth

Resources:

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Ep. 2020 Border Crisis is Becoming a HOUSING Crisis!