Funny when the immigrant word is mentioned, you immediately think Mexican and Fillipino.
Here’s the first line of the original post, FLU, since you were obviously too busy to read it:
Indians, Chinese, Mexicans, and Philipinos on work visas received news this week that their pending change-of-status requests have been suddenly moved to “current”.
Note that it doesn’t say, “French, Germans, Saudis, and Japanese on work visas”, it says “Indians, Chinese, Mexicans, and Filipinos”. Every one of these groups is from a third world country not known for having a lot of rich folks who can afford 700K houses. Not to say there aren’t rich people there, but there are a lot fewer of them than in first world countries, and I just don’t see them having a lot of effect on our housing market.