I was watching "Flip this House," in fact I watched an hour and a half's worth. Something that was readily apparent was this: Pretty much half the skilled labor was Hispanic. No matter where in the country they were, It was pretty much the same.
The scenario was this: More well to do, (or job secure folks) are being told that real estate is a great investment and they need to get in on it while home prices are really low. Realtors, lenders and opportunists drive the bus. "Here's a chance to make money in a down market," is what your told. That may be true, but if you don't pay attention, if your not smart, you may lose it too. And who is helping to drive this market w/ a supply of reasonably priced labor? Hispanics. What would speculators and lenders do with out these guys. They are helping the middle class (what's left of it that still has cash ore credit) to buy in a distressed market and get labor (skilled and other wise) So... immigrants supply the labor, lenders supply cash, the remnants of the middle class who can afford it are investing in low priced homes already churned once before. It's sooooo American, It's about market forces, cheap labor and opportunism. If you've been blind to that, then your blind to the forces that run this country... I suggest you get over it (the immigration thing) and start doing what they are doing. Get yer buds together, start a business. Make your opportunities. Find a niche and work it.