The Indian community, known as one of the most loyal and legal immigrant groups in the United States, has consistently been recognized for minding their work, paying taxes, and having minimal involvement in crime.
However, they are now facing unreasonable hate and racism, fueled by certain Trump supporters who have launched racial attacks on H-1B visa holders, accusing them of taking American jobs.
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Adding to this, Trump has passed an executive order denying birthright citizenship to children born in the U.S. to parents on temporary visas, further escalating tensions.
This move has sparked a debate on whether the growing anti-immigrant sentiment, particularly against Indians, could impact the U.S. housing market.
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Indian immigrants, alongside Koreans and Chinese, make up a significant portion of the immigrant communities that contribute heavily to the high-end housing market, keeping the real estate sector robust.
Indians, in particular, have been known to invest in expensive homes, even while awaiting green cards for over a decade, often risking their immigration status to secure property.
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By targeting this highly legal and economically significant group, there is a growing concern that the uncertainty created by such policies could discourage Indian immigrants from buying homes.
Many Indians who would otherwise invest in real estate may now hesitate, fearing an abrupt end to their legal status in the U.S.
This hesitation could lead to a decline in the housing market, though the extent of the impact remains uncertain.
If Trump continues to make aggressive comments and implement policies targeting immigrants, particularly those on temporary visas, it could further erode the confidence of Indian immigrants in the stability of their future in the U.S.
On the other hand, if he takes steps to ease these tensions, it could mitigate the damage.
Ultimately, the trajectory of the housing market will depend on how these policies evolve and whether Indian immigrants feel secure enough to continue investing in U.S. real estate.