On the original topic, the point is the same, Mexican Nationals taking out the same 0% down/ no doc loans as the US dumb-dumbs were taking out caused a HUGE demand for houses in southern california from 2002-2006. That’s just one of the reasons our bubble was bigger than everyone else’s.
It’s clear to me Mexican Nationals added to the problem 2002-2006. The smart/rich ones want the hell out of TJ and bought (lol 0% down no doc loans) house up here and reverse commute. I can’t blame them, but it would be nice if they could fix their messed up country.