Alien Land Laws Redux?
From the Los Angeles Times (June 19, 2006): Two months ago, all Alina Arguello had to do to find Latino home buyers was put up a sign and answer her phone. But ever since Georgia passed one of the most stringent and far-reaching immigration laws in the nation, the number of Latino buyers who call the Re/Max agent’s home office in suburban Atlanta has dwindled from about 10 to two a day. “We’re seeing a drastic drop,” she said. “There’s just a tremendous amount of people who want homes, but are not calling.” Many real estate agents and mortgage providers who cater to Spanish-speaking immigrants across Georgia say that the flourishing Latino home buying market has faltered since April, when Gov. Sonny Perdue signed the Georgia Security and Immigration Compliance Act.
Click here for the full story. Thanks to Keith Aoki for forwarding the story and titling this blog entry.
KJ