T
he US real estate market is facing a downturn, with housing prices plummeting by 20-40% in many areas. Analysts attribute this decline to President Trump's strict immigration policies and an unstable job market, which have created uncertainty among buyers, particularly in immigrant communities.
Indian professionals, once top homebuyers in the US, are now hesitant to invest due to concerns about their legal status and long-term plans. With 55 million visas under scrutiny, many Indian families are delaying or canceling home purchases, further weakening demand and driving prices down.
This has created a ripple effect, adding financial strain on existing homeowners who are already worried about their future. The situation highlights the close link between immigration and housing policies. Until stability returns to both areas, the US housing market is likely to remain volatile, with immigrant families bearing the brunt of the impact.
Realtors warn that the situation is dire and could worsen if prices continue to fall, underscoring the need for policy changes to stabilize the market and provide clarity for immigrant communities.
