New York Times Urges Sympathy for H-1B Workers in Million-Dollar Homes

[TampaChinnodu]

Source : https://cis.org/North/New-York-Times-Urges-Sympathy-H1B-Workers-MillionDollar-Homes

 

The New York Times, in a recent article about the prospect that H-4 aliens will not be allowed to continue to work, wrote sympathetically about the plight of a two-guestworker family that may become a one-guestworker family under the proposal: "She began fretting about how they would afford their $4,800 monthly mortgage."

The situation is that the family, including an H-1B alien worker and his H-4 alien worker wife, both currently working in the U.S. economy, were worried that the latter would lose her job should the administration roll back an Obama-era scheme in which some of the H-4 dependents of H-1B workers are allowed work permits.

Let's use the mortgage payment to put this picture in perspective. According to one of those handy mortgage payment calculators on the internet, a $4,800 a month mortgage payment, at current rates, would cover a $1,036,458 mortgage at 30 years, or a $683,110 mortgage at 15 years.

Let's go with the 30-year instrument, and assume that a down payment of something like 10 percent (or about $104,000) had been paid. This would place the purchase price of the house in question at about $1,150,000.

I know that house prices have been rising, but are we being asked to worry about the financial mistreatment of people living in $1,150,000 houses? What portion of the overall U.S. population lives in $1,150,000 houses?

Maybe, if we did not have both the ever-expanding H-1B and H-4 programs, a couple of U.S. citizens or green card holders would have the jobs that support that kind of house?

That, of course, is a possibility that the Times would never suggest.

The article, unwittingly, tells us that foreign workers aren't just taking jobs from the powerless and unskilled workers of this country, as they have for decades, but that they are taking them from the middle class as well.

Maybe the middle class (at least those in or near high tech) will notice. Maybe.

 

[TampaChinnodu]

Quote

"She began fretting about how they would afford their $4,800 monthly mortgage."

interviews lo ishtam vachinatti vaagi manolle kampu sesukuntaaru ila 

[TampaChinnodu]

https://www.nytimes.com/2018/04/06/us/indians-h1b-visas-trump-immigration-wives.html

Back in California, Ms. Jalakam dreads returning to the days when she filled her time tutoring students in math and taking online technology courses.

“I would see a woman all dressed up as an executive and wonder, ‘Will I ever be like that?’” recalled Ms. Jalakam, whose family’s green card was approved in 2010 but is still unissued.

Now that she has a well-paying job, Ms. Jalakam’s main fear is losing it. She was pregnant with their second child when the administration announced plans to rescind the work authorizations. She began fretting about how they would afford their $4,800 monthly mortgage.

She found like-minded women on the “SaveH4EAD” Facebook page, and felt better, she said. “I realized there are strong-willed women like me who really want to work.”

[TampaChinnodu]

Jim Hennessey · 

University of Maryland, Baltimore County

Mr. Singh, America is truly racist, best to get back to your 'non' racist country. Can't understand how people believe America is so so so racist, but still want to come here, even if so racist. Wow. Enjoy your trip home.

[TampaChinnodu]

Delaware Desis

Even better. When the time comes to go home, my plan is to 'Rent' the house out. During the time we had the temporary status, we bought a house, then aggressively paid the house mortgage down with a 15 year loan. When the US kicks us out , we will happily go back. IN the meantime, start a Delaware Corp, hire a real estate agent and rent the house out. the 24,000$ rent I will get from the house will go a LOOOONG way back in India. It will pay for niceties like a house maid and a chaffeur. Thank you America for allowing us to live this dream!

[princeofheaven]

2 minutes ago, TampaChinnodu said:

Delaware Desis

Even better. When the time comes to go home, my plan is to 'Rent' the house out. During the time we had the temporary status, we bought a house, then aggressively paid the house mortgage down with a 15 year loan. When the US kicks us out , we will happily go back. IN the meantime, start a Delaware Corp, hire a real estate agent and rent the house out. the 24,000$ rent I will get from the house will go a LOOOONG way back in India. It will pay for niceties like a house maid and a chaffeur. Thank you America for allowing us to live this dream!

punch to vomericans

[Peter123]

1 hour ago, TampaChinnodu said:

Delaware Desis

Even better. When the time comes to go home, my plan is to 'Rent' the house out. During the time we had the temporary status, we bought a house, then aggressively paid the house mortgage down with a 15 year loan. When the US kicks us out , we will happily go back. IN the meantime, start a Delaware Corp, hire a real estate agent and rent the house out. the 24,000$ rent I will get from the house will go a LOOOONG way back in India. It will pay for niceties like a house maid and a chaffeur. Thank you America for allowing us to live this dream!

not a bad plan only if it works out. However i'd like to say that when not in the country, it isn't easy to hire a real estate agent and let him do the job. Most cases it isn't easy but if it is then good for him...

[TampaChinnodu]

56 minutes ago, Peter123 said:

not a bad plan only if it works out. However i'd like to say that when not in the country, it isn't easy to hire a real estate agent and let him do the job. Most cases it isn't easy but if it is then good for him...

You can hire agent before leaving

[Aakupaccha_caradu]

[Android_Halwa]

3 hours ago, TampaChinnodu said:

Delaware Desis

Even better. When the time comes to go home, my plan is to 'Rent' the house out. During the time we had the temporary status, we bought a house, then aggressively paid the house mortgage down with a 15 year loan. When the US kicks us out , we will happily go back. IN the meantime, start a Delaware Corp, hire a real estate agent and rent the house out. the 24,000$ rent I will get from the house will go a LOOOONG way back in India. It will pay for niceties like a house maid and a chaffeur. Thank you America for allowing us to live this dream!

edu evado pichi pulka galla kante worst gadu vunattu vunnadu kada...

grudhga vanchi, 15 years kasi ga pani chesi, mortgage antha clear sesesi, india elli poi...a inti mida vache kirayi paisal tho bratikestadandta...

evadra ie item gadu....

[pr1nce]

monthly 5000 mortgage pay chesey valla medha sympathy endi 

[Peter123]

1 hour ago, TampaChinnodu said:

You can hire agent before leaving

not an easy thing my friend, once you leave the country your options would become low, you have to sell or rent per agents prices which could be very low. 

 

[TampaChinnodu]

1 hour ago, pr1nce said:

monthly 5000 mortgage pay chesey valla medha sympathy endi 

interview lo enduku seppukovatam assalu ala 

[uttermost]

4 hours ago, TampaChinnodu said:

Delaware Desis

Even better. When the time comes to go home, my plan is to 'Rent' the house out. During the time we had the temporary status, we bought a house, then aggressively paid the house mortgage down with a 15 year loan. When the US kicks us out , we will happily go back. IN the meantime, start a Delaware Corp, hire a real estate agent and rent the house out. the 24,000$ rent I will get from the house will go a LOOOONG way back in India. It will pay for niceties like a house maid and a chaffeur. Thank you America for allowing us to live this dream!

[Gaali_Gottam_Govinda]

What a dumbazzes.......... I hope trump kicks these fools out of the country soon for giving useless reasons to justify their stay.