Reply #51: The competition wouldn't be as fierce if fewer companies OUTSOURCED

[ultraist]

There is a SHORTAGE of jobs due to outsourcing. Companies are being rewarded via corporate WELFARE for outsourcing. This has affected ALL levels of the workforce.

As far as the gentrification of the area described in the OP, that has NOTHING to do with illegal immigration. Illegal aliens are not buying those houses.

I realize that he did not directly link those two items but the developers who are gentrifying that area and selling vacation homes to Canadians would still profit handsomely regardless of who they hired for laborers.

With interest rates as they are and the weak value of the US dollar, it's a buyers' market for Canadians and other foreigners. People are flying into NYC from Europe en masse to shop due to this. It's no wonder we are seeing a surge in foreigners' spending here in the US.