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Undocumented Workers And Undocumented Mortgages
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August 01, 2008, 01:19 PM
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From Mexicans Sending Less Money Home in the Washington Post:

Javier Martinez, 46, a construction worker who lives in Manassas, said that a year ago he was able to send up to $1,500 a month to his wife and two children in the Mexican state of Zacatecas. Now he can only send about $500 a month. His work laying tiles has slowed down, and he can no longer find renters for the three houses he owns as immigrants have left Prince William County because of the ongoing crackdown on illegal immigrants.
Wait a minute ... a guy who lays tile for a living and sends $18,000 per year to his wife and two kids in Mexico owns three houses in a pricey Washington D.C. suburb? How much you want to bet we taxpaying citizens are going to end up bailing out his three mortgages?