4 ms·

Gotta wonder how "real estate" qualifies as a job creating field. Sounds like BS to me

• fridif 5y ago
  Last I checked, my mortgage does in fact have interest on it, and the company that services that loan does have employees.
  • eli 5y ago
    Sure, a call center. Same as any business that sells a service to the public.
  • rtpg 5y ago
    Yeah I mean it's not zero, but there's a lot of capital going into a thing that's not employing _that many people_, even beyond the value judgements around that. Granted, maybe "real estate" here also means construction (which has its issues but I mean, people are building stuff). But I'm imagining more the "let me invest in buildings and make money off of it"-style industries.
• pvarangot 5y ago
  In an ideal completely honest and devoid of mischief world, immigration policy would be everyone lives and works wherever they want. So yeah, the argument that immigration policy is bullshit stands on its own weight. The investor visa is basically the ruling class telling you they will let you work in their companies if you also invest in the place where they park their generational wealth.
• tim333 5y ago
  I think the investment is supposed to support 10 US jobs. Mostly in construction I imagine. There is a certain amount of BS.