In addition, as our population has grown, both from within and as a result of immigration, we have more people dependent upon it., Add to this our idiocy of loaning money to foreign countries that we will never see again, funding the UN to assist in removing our Constitutional Rights and on and on and after a while, you have more outgo than income.

There are still lots of politicians (including the Minister of Finance and PM) who are still preaching no pending real estate crises or, worst case, a soft landing ... however, fewer and fewer economists are certain.

I'm going to tell a personal story as well im 25 years old, grew up poor as most Chinese immigrants do. worked my butt off to get through Washington University in St.Louis debt free through scholarships, full time internships, and side jobs.

The fate of America will depend on what the politicians decide to do regarding immigration policy here.

As for the ideas that built this country comming from immigration and slaves.

I know not all Mormons are like this, it is just my personal experience, which is that Mormon's love money.My father, who is actually a licensed minister and devout Christian said the three WORST clients were Preachers, Teachers and Lawyers.

They can also tell me what country is experiencing the problems of illegal US immigrants entering their borders.

Some on this forum actively recruit felons, illegal immigrants and those that have a history of evictions as tenants & do quite well doing so.

Or maybe there is something I overlooked, like evidence of a divorce, which then triggers a requirement to provide a divorce decree, which could indicate you owe alimony every month, which trashes your DTI and causes your loan to be denied.Basically it is a check against me overlooking something like that, and gets it in front of the actual decision making human underwriter for a thumbs up with conditions, or (very unlikely) a thumbs down.For the record the last time I preapproved someone and the deal didn't close for creditworthiness reasons was about a year ago, and it was because the SSN check came back revealing that the person was an illegal immigrant using a dead person's SSN.

All that does is put pressure on wages to increase and puts pressure on the government to allow immigration or work visas.