How Trump's Visa Crackdown Triggered a Texas Housing Bust
North of Dallas, towns like Frisco, Prosper and Celina became some of the fastest-growing suburbs in the US, fueled in part by corporate relocations and Indian-born workers with H-1B visas. But tech layoffs, higher visa costs, tighter immigration rules and AI disruption are now cooling demand in a housing market built around rapid growth.
H-1B Crackdown on Indian Workers Erodes a Texas Real Estate Boom: https://bloom.bg/4fsAv84
Skilled professionals who transformed a region now face exile.
Watch more mini documentaries from Bloomberg: https://www.youtube.com/playlist?list=PLGaYlBJIOoa_EzzMpticURNR29AiQi10v
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
#Trump #Visas #Housing #Immigration #Tech